Bitcoin / USD may rise to 59880 - 60410

Our pivot point is at 58060.

Our preference

The upside prevails as long as 58060 is support.

Alternative scenario

Below 58060, expect 57170 and 56640.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 58457 and 57938).

Supports and resistances

61460 **

60930 *

60410 **

59880

58815 last

58400

58060 **

57170 *

56640 **

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