Bitcoin / USD may rise to 61890 - 62460

Our pivot point stands at 59940.

Our preference

Rebound.

Alternative scenario

Below 59940, expect 58990 and 58420.

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 stands above its 20 period moving average (60551) but below its 50 period moving average (60858).

Supports and resistances

63600 **

63030 *

62460 **

61890

60739 last

60320

59940 **

58990 *

58420 **

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