Bitcoin / Euro may rise to 63680 - 64210

Our pivot point stands at 61400.

Our preference

The upside prevails as long as 61400 is support.

Alternative scenario

Below 61400, expect 60500 and 59970.

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 61849 and 62057). Finally, the Bitcoin / Euro is trading above its upper Bollinger band (standing at 62483).

Supports and resistances

65290 **

64750 *

64210 **

63680

62601 last

61750

61400 **

60500 *

59970 **

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