Bitcoin / USD may rise to 62910 - 63480

60580 is our pivot point.

Our preference

Our next up target stands at 63480.

Alternative scenario

Below 60580, expect 59610 and 59040.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 61484 and 61588).

Supports and resistances

64640 **

64060 *

63480 **

62910

61650 last

60960

60580 **

59610 *

59040 **

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