Bitcoin / USD may rise to 58140 - 58640

56440 is our pivot point.

Our preference

The upside prevails as long as 56440 is support.

Alternative scenario

Below 56440, expect 55600 and 55100.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 55762 and 56363).

Supports and resistances

59640 **

59140 *

58640 **

58140

57103 last

56770

56440 **

55600 *

55100 **

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