Bitcoin / Euro may rise to 75610 - 80630

Our pivot point is at 58880.

Our preference

The upside prevails as long as 58880 is support.

Alternative scenario

Below 58880, expect 50470 and 45460.

Comment

The RSI is above 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 59294 and 60419). Finally, the Bitcoin / Euro has crossed above its upper Bollinger band (64862).

Supports and resistances

90650 **

85640 *

80630 **

75610

65541 last

62180

58880 **

50470 *

45460 **

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