Bitcoin / USD may rise to 62430 - 63140

60010 is our pivot point.

Our preference

As long as 60010 is support look for 63140.

Alternative scenario

The downside breakout of 60010 would call for 58830 and 58120.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 60752 and 59962).

Supports and resistances

64550 **

63840 *

63140 **

62430

60952 last

60480

60010 **

58830 *

58120 **

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