Bitcoin / USD may rise to 63490 - 64050

Our pivot point stands at 61580.

Our preference

Rebound.

Alternative scenario

Below 61580, expect 60640 and 60080.

Comment

The RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (62235) but under its 50 period moving average (62388).

Supports and resistances

65170 **

64610 *

64050 **

63490

62317 last

61950

61580 **

60640 *

60080 **

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