Bitcoin / Euro may rise to 60880 - 61390

Our pivot point is at 59050.

Our preference

As long as 59050 is support look for 61390.

Alternative scenario

Below 59050, expect 58190 and 57680.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (59760) but above its 50 period moving average (59485).

Supports and resistances

62420 **

61900 *

61390 **

60880

59743 last

59390

59050 **

58190 *

57680 **

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