Bitcoin / USD may rise to 63790 - 64350

61790 is our pivot point.

Our preference

Rebound.

Alternative scenario

The downside breakout of 61790 would call for 60840 and 60280.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (62532) but under its 50 period moving average (62783).

Supports and resistances

65470 **

64910 *

64350 **

63790

62604 last

62160

61790 **

60840 *

60280 **

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