Bitcoin / USD may rise to 60590 - 61300

Our pivot point is at 58180.

Our preference

Rebound towards 61300.

Alternative scenario

Below 58180, expect 56980 and 56270.

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 under both its 20 and 50 period moving average (respectively at 59152 and 59282).

Supports and resistances

62730 **

62020 *

61300 **

60590

59125 last

58650

58180 **

56980 *

56270 **

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