Bitcoin / USD may rise to 57960 - 58460

56080 is our pivot point.

Our preference

As long as 56080 is support look for 58460.

Alternative scenario

Below 56080, expect 55240 and 54740.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 56620 and 56200).

Supports and resistances

59460 **

58960 *

58460 **

57960

56770 last

56400

56080 **

55240 *

54740 **

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