Bitcoin / USD may rise to 63990 - 64550

Our pivot point is at 61890.

Our preference

As long as 61890 is support look for 64550.

Alternative scenario

The downside breakout of 61890 would call for 60950 and 60380.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (62734) but above its 50 period moving average (61493).

Supports and resistances

65690 **

65120 *

64550 **

63990

62638 last

62270

61890 **

60950 *

60380 **

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