Bitcoin (BTC) is closing in on $60,000, with price highs of $59,459 confirmed on Bitstamp. The swift gains in the Asia trading session left BTC/USD up 1.5%, bouncing from classic "oversold" conditions. The relative strength index (RSI) is at its lowest levels in ten months. Popular traders like Daan Crypto Trades and Rekt Capital have noted the RSI divergence is "playing out." Daan Crypto Trades flagged $59,000 as the "main price level" to reclaim, while others are eyeing $58,400. Justin Bennett predicts a likely retest of $60,000-$60,700 if $58,400 is reclaimed. The upcoming US macroeconomic data prints could impact Bitcoin market performance.