Bitcoin / Euro may rise to 54130 - 54750

Our pivot point is at 51900.

Our preference

Rebound towards 54750.

Alternative scenario

Below 51900, expect 50840 and 50220.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 53235 and 54040).

Supports and resistances

56010 **

55380 *

54750 **

54130

52759 last

52310

51900 **

50840 *

50220 **

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