Bitcoin / USD may rise to 63970 - 64550

Our pivot point stands at 61930.

Our preference

Rebound towards 64550.

Alternative scenario

The downside breakout of 61930 would call for 60950 and 60370.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 62805 and 63583).

Supports and resistances

65710 **

65130 *

64550 **

63970

62802 last

62310

61930 **

60950 *

60370 **

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