Bitcoin / USD may rise to 61840 - 62390

Our pivot point stands at 60010.

Our preference

Rebound towards 62390.

Alternative scenario

The downside breakout of 60010 would call for 59100 and 58550.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 60890 and 61658).

Supports and resistances

63480 **

62930 *

62390 **

61840

60752 last

60370

60010 **

59100 *

58550 **

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