Bitcoin / Euro may rise to 62820 - 63350

Our pivot point stands at 61000.

Our preference

Rebound towards 63350.

Alternative scenario

Below 61000, expect 60110 and 59580.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (61575) but under its 50 period moving average (62491).

Supports and resistances

64410 **

63880 *

63350 **

62820

61714 last

61350

61000 **

60110 *

59580 **

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