Bitcoin / USD may rise to 75610 - 79540

Our pivot point is at 61460.

Our preference

The upside prevails as long as 61460 is support.

Alternative scenario

Below 61460, expect 54960 and 51090.

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 64481 and 62110).

Supports and resistances

87420 **

83480 *

79540 **

75610

66938 last

64010

61460 **

54960 *

51090 **

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