Bitcoin / USD may rise to 61790 - 62320

Our pivot point stands at 59780.

Our preference

Rebound.

Alternative scenario

Below 59780, expect 58890 and 58360.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (60394) but below its 50 period moving average (60718).

Supports and resistances

63390 **

62850 *

62320 **

61790

60669 last

60130

59780 **

58890 *

58360 **

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