Bitcoin / Euro may rise to 64200 - 64870

Our pivot point is at 61540.

Our preference

Rebound towards 64870.

Alternative scenario

The downside breakout of 61540 would call for 60420 and 59760.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 62589 and 63366).

Supports and resistances

66210 **

65540 *

64870 **

64200

62520 last

61980

61540 **

60420 *

59760 **

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