Cryptocurrency

Bitcoin / Euro may rise to 62910 - 63440

2024-07-30

60770 is our pivot point.

Our preference

Rebound towards 63440.

Alternative scenario

Below 60770, expect 59890 and 59360.

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 under both its 20 and 50 period moving average (respectively at 61592 and 61945).

Supports and resistances

64500 **

63970 *

63440 **

62910

61525 last

61120

60770 **

59890 *

59360 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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