Bitcoin / USD may rise to 60660 - 61180

58610 is our pivot point.

Our preference

The upside prevails as long as 58610 is support.

Alternative scenario

Below 58610, expect 57740 and 57220.

Comment

The RSI is above its neutrality area at 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 59338 and 59001).

Supports and resistances

62220 **

61700 *

61180 **

60660

59550 last

58960

58610 **

57740 *

57220 **

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