Bitcoin / USD may rise to 61360 - 61900

Our pivot point is at 59540.

Our preference

Rebound.

Alternative scenario

Below 59540, expect 58630 and 58090.

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 trigger further gains. Moreover, the price is trading above its 20 period moving average (59999) but under its 50 period moving average (60511).

Supports and resistances

62990 **

62440 *

61900 **

61360

60255 last

59900

59540 **

58630 *

58090 **

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