Bitcoin / USD may rise to 60600 - 61290

Our pivot point stands at 58280.

Our preference

As long as 58280 is support look for 61290.

Alternative scenario

Below 58280, expect 57130 and 56440.

Comment

The RSI is above its neutrality area at 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 59132 and 58828).

Supports and resistances

62660 **

61980 *

61290 **

60600

59184 last

58730

58280 **

57130 *

56440 **

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