Bitcoin / USD may rise to 59570 - 60240

Our pivot point stands at 57170.

Our preference

Rebound towards 60240.

Alternative scenario

Below 57170, expect 56040 and 55370.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 58601 and 59512).

Supports and resistances

61590 **

60920 *

60240 **

59570

58150 last

57620

57170 **

56040 *

55370 **

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