Bitcoin returns to 120$?

As far as i can see into graphs :

http://bitcoincharts.com/charts/btceUSD#rg60zigDailyztgSzbgBza1gSMAzm1g7za2gSMAzm2g25zi1gSStochzi2gRSI

2 possibilities for the 120$ rally :

• We break this SMA 7 and go directly to 120$
• return to a first support:  that is around 70 and next 55

Invalidation scenario under 50$