Bitcoin / Euro may rise to 64500 - 65170

62240 is our pivot point.

Our preference

The upside prevails as long as 62240 is support.

Alternative scenario

The downside breakout of 62240 would call for 61110 and 60430.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 62841 and 62712).

Supports and resistances

66510 **

65840 *

65170 **

64500

63150 last

62680

62240 **

61110 *

60430 **

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