Bitcoin / USD may rise to 60520 - 61230

Our pivot point stands at 58090.

Our preference

Rebound towards 61230.

Alternative scenario

Below 58090, expect 56890 and 56180.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (59059) but below its 50 period moving average (59308).

Supports and resistances

62660 **

61940 *

61230 **

60520

59093 last

58560

58090 **

56890 *

56180 **

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