Bitcoin / USD may rise to 61630 - 62170

59800 is our pivot point.

Our preference

Our next up target stands at 62170.

Alternative scenario

Below 59800, expect 58880 and 58340.

Comment

The RSI is above 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 above its 20 and 50 period moving average (respectively at 59948 and 60498).

Supports and resistances

63260 **

62720 *

62170 **

61630

60514 last

60160

59800 **

58880 *

58340 **

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