Bitcoin / USD may rise to 59810 - 60490

Our pivot point stands at 57450.

Our preference

The upside prevails as long as 57450 is support.

Alternative scenario

Below 57450, expect 56320 and 55640.

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 above its 20 and 50 period moving average (respectively at 58016 and 58272).

Supports and resistances

61850 **

61170 *

60490 **

59810

58421 last

57900

57450 **

56320 *

55640 **

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