Bitcoin / USD may rise to 60910 - 61430

Our pivot point is at 59030.

Our preference

The upside prevails as long as 59030 is support.

Alternative scenario

Below 59030, expect 58150 and 57620.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 59220 and 59104).

Supports and resistances

62480 **

61960 *

61430 **

60910

59755 last

59370

59030 **

58150 *

57620 **

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