Bitcoin / USD may rise to 61450 - 62180

Our pivot point is at 59050.

Our preference

Rebound.

Alternative scenario

Below 59050, expect 57830 and 57110.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (59558) but under its 50 period moving average (60387).

Supports and resistances

63630 **

62900 *

62180 **

61450

60006 last

59530

59050 **

57830 *

57110 **

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