Bitcoin / Euro may rise to 63720 - 64260

Our pivot point stands at 61840.

Our preference

As long as 61840 is support look for 64260.

Alternative scenario

The downside breakout of 61840 would call for 60930 and 60400.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 62554 and 62337).

Supports and resistances

65340 **

64800 *

64260 **

63720

62592 last

62190

61840 **

60930 *

60400 **

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