Bitcoin / USD may rise to 100000 - 109000

Pivot

83000

Our preference

Long positions above 83000 with targets at 100000 & 109000 in extension.

Alternative scenario

Below 83000 look for further downside with 74000 & 66000 as targets.

Comment

The break above the resistance at 83000 triggered an upward acceleration to 100000.

Supports and resistances

116780

109000

100000

94392 Last

83000

74000

66000

Number of asterisks represents the strength of support and resistance levels.