Bitcoin / USD may rise to 62140 - 62680

Our pivot point stands at 60050.

Our preference

As long as 60050 is support look for 62680.

Alternative scenario

Below 60050, expect 59150 and 58620.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (61206) but above its 50 period moving average (59473).

Supports and resistances

63750 **

63210 *

62680 **

62140

61070 last

60400

60050 **

59150 *

58620 **

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