Bitcoin / Euro may rise to 60830 - 61340

Our pivot point is at 59070.

Our preference

Rebound.

Alternative scenario

Below 59070, expect 58210 and 57700.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (59419) but under its 50 period moving average (60323).

Supports and resistances

62370 **

61860 *

61340 **

60830

59804 last

59410

59070 **

58210 *

57700 **

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