Bitcoin / Euro may rise to 54630 - 55090

Our pivot point is at 53020.

Our preference

Rebound towards 55090.

Alternative scenario

Below 53020, expect 52250 and 51790.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 53943 and 55001).

Supports and resistances

56020 **

55550 *

55090 **

54630

53698 last

53330

53020 **

52250 *

51790 **

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