Bitcoin / Euro may rise to 60210 - 60720

Our pivot point stands at 58470.

Our preference

Rebound towards 60720.

Alternative scenario

Below 58470, expect 57620 and 57110.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 59233 and 59650).

Supports and resistances

61740 **

61230 *

60720 **

60210

59197 last

58800

58470 **

57620 *

57110 **

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