Cryptocurrency

Bitcoin / USD may rise to 59830 - 60510

2024-08-19

Our pivot point stands at 57580.

Our preference

Rebound towards 60510.

Alternative scenario

Below 57580, expect 56440 and 55760.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (58454) but under its 50 period moving average (59015).

Supports and resistances

61860 **

61180 *

60510 **

59830

58472 last

58020

57580 **

56440 *

55760 **

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

Trade with Exness

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.

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