Bitcoin / USD may rise to 61600 - 62500

Pivot

59300

Our preference

Long positions above 59300 with targets at 61600 & 62500 in extension.

Alternative scenario

Below 59300 look for further downside with 58500 & 57600 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

63800

62500

61600

60748 Last

59300

58500

57600

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