Bitcoin / USD may rise to 62200 - 62900

Our pivot point stands at 59790.

Our preference

As long as 59790 is support look for 62900.

Alternative scenario

Below 59790, expect 58610 and 57900.

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 above its 20 and 50 period moving average (respectively at 60621 and 59458).

Supports and resistances

64310 **

63610 *

62900 **

62200

60788 last

60250

59790 **

58610 *

57900 **

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