Bitcoin / USD may rise to 60750 - 61460

58360 is our pivot point.

Our preference

Rebound towards 61460.

Alternative scenario

The downside breakout of 58360 would call for 57170 and 56460.

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 above its 20 period moving average (59207) but under its 50 period moving average (60000).

Supports and resistances

62870 **

62160 *

61460 **

60750

59330 last

58820

58360 **

57170 *

56460 **

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