Bitcoin / Euro may rise to 60990 - 61500

Our pivot point is at 59160.

Our preference

As long as 59160 is support look for 61500.

Alternative scenario

Below 59160, expect 58300 and 57790.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (60155) but above its 50 period moving average (59388).

Supports and resistances

62530 **

62020 *

61500 **

60990

59961 last

59500

59160 **

58300 *

57790 **

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