Bitcoin / USD may rise to 62070 - 62610

Our pivot point stands at 60160.

Our preference

Rebound towards 62610.

Alternative scenario

Below 60160, expect 59250 and 58700.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (60783) but below its 50 period moving average (61283).

Supports and resistances

63710 **

63160 *

62610 **

62070

60885 last

60520

60160 **

59250 *

58700 **

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