*Long term*
Bitcoin has broken the rising trend up in the long term. This signals an even stronger growth rate. The currency has marginally broken up through resistance at points 66000. An established break predicts a further rise. The currency is assessed as technically positive for the long term.
*Medium term*
Bitcoin has broken the rising trend up in the medium long term. This signals an even stronger rate of growth, but the positive development may result in corrections down in the short term. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the currency has support at approximately 40000 points. RSI diverges negatively against the price, which indicates danger of a reaction downwards. The currency is overall assessed as technically positive for the medium long term.
*Short term*
Bitcoin has broken through the floor of a rising trend channel in the short term. This indicates a slower rising rate at first, or the start of a more horizontal development. The currency has support at points 51700 and resistance at points 73000. The currency is assessed as technically slightly positive for the short term.
Bitcoin has broken the rising trend up in the long term. This signals an even stronger growth rate. The currency has marginally broken up through resistance at points 66000. An established break predicts a further rise. The currency is assessed as technically positive for the long term.
*Medium term*
Bitcoin has broken the rising trend up in the medium long term. This signals an even stronger rate of growth, but the positive development may result in corrections down in the short term. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the currency has support at approximately 40000 points. RSI diverges negatively against the price, which indicates danger of a reaction downwards. The currency is overall assessed as technically positive for the medium long term.
*Short term*
Bitcoin has broken through the floor of a rising trend channel in the short term. This indicates a slower rising rate at first, or the start of a more horizontal development. The currency has support at points 51700 and resistance at points 73000. The currency is assessed as technically slightly positive for the short term.