Bitcoin / USD may rise to 59800 - 60400

Pivot

58500

Our preference

Long positions above 58500 with targets at 59800 & 60400 in extension.

Alternative scenario

Below 58500 look for further downside with 57800 & 57100 as targets.

Comment

The RSI calls for a rebound.

Supports and resistances

61000

60400

59800

59388 Last

58500

57800

57100

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