Bitcoin / USD may rise to 61680 - 62230

59860 is our pivot point.

Our preference

The upside prevails as long as 59860 is support.

Alternative scenario

Below 59860, expect 58950 and 58410.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 60108 and 60477).

Supports and resistances

63310 **

62770 *

62230 **

61680

60580 last

60220

59860 **

58950 *

58410 **

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