Bitcoin / Euro may rise to 54400 - 55040

52210 is our pivot point.

Our preference

Rebound towards 55040.

Alternative scenario

Below 52210, expect 51130 and 50490.

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 53126 and 53278).

Supports and resistances

56330 **

55690 *

55040 **

54400

53091 last

52640

52210 **

51130 *

50490 **

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