Bitcoin / Euro may rise to 60370 - 60880

Our pivot point is at 58450.

Our preference

Rebound towards 60880.

Alternative scenario

Below 58450, expect 57600 and 57090.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (59198) but below its 50 period moving average (60023).

Supports and resistances

61900 **

61390 *

60880 **

60370

59217 last

58790

58450 **

57600 *

57090 **

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