Cryptocurrency

Bitcoin / Euro may rise to 60380 - 60890

2024-07-25

Our pivot point stands at 58510.

Our preference

Rebound towards 60890.

Alternative scenario

Below 58510, expect 57650 and 57140.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 59378 and 60356).

Supports and resistances

61910 **

61400 *

60890 **

60380

59194 last

58840

58510 **

57650 *

57140 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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