Bitcoin / Euro may rise to 63730 - 64270

61840 is our pivot point.

Our preference

Rebound.

Alternative scenario

Below 61840, expect 60940 and 60400.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (62266) but under its 50 period moving average (62719).

Supports and resistances

65340 **

64810 *

64270 **

63730

62588 last

62190

61840 **

60940 *

60400 **

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