Bitcoin / USD may rise to 59640 - 60140

Our pivot point stands at 57670.

Our preference

Rebound.

Alternative scenario

Below 57670, expect 56850 and 56350.

Comment

The RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (57771) but below its 50 period moving average (58611).

Supports and resistances

61130 **

60630 *

60140 **

59640

58327 last

58000

57670 **

56850 *

56350 **

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