Bitcoin / Euro may rise to 64780 - 65480

Our pivot point stands at 62390.

Our preference

Rebound towards 65480.

Alternative scenario

The downside breakout of 62390 would call for 61220 and 60520.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (63306) but below its 50 period moving average (63441).

Supports and resistances

66880 **

66180 *

65480 **

64780

63313 last

62850

62390 **

61220 *

60520 **

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