Bitcoin / Euro may rise to 63930 - 64600

Our pivot point stands at 61430.

Our preference

Rebound towards 64600.

Alternative scenario

The downside breakout of 61430 would call for 60310 and 59650.

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 62461 and 62783).

Supports and resistances

65930 **

65270 *

64600 **

63930

62349 last

61870

61430 **

60310 *

59650 **

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