Bitcoin / USD may rise to 62120 - 62670

Our pivot point stands at 60250.

Our preference

Rebound.

Alternative scenario

Below 60250, expect 59330 and 58790.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (60745) but under its 50 period moving average (61395).

Supports and resistances

63770 **

63220 *

62670 **

62120

61023 last

60610

60250 **

59330 *

58790 **

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