Bitcoin / Euro may rise to 65050 - 65760

Our pivot point stands at 62670.

Our preference

Our next up target stands at 65760.

Alternative scenario

The downside breakout of 62670 would call for 61490 and 60790.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 63341 and 63542).

Supports and resistances

67160 **

66460 *

65760 **

65050

63613 last

63130

62670 **

61490 *

60790 **

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