Bitcoin / Euro may rise to 65060 - 65740

Our pivot point stands at 62450.

Our preference

The upside prevails as long as 62450 is support.

Alternative scenario

The downside breakout of 62450 would call for 61310 and 60640.

Comment

The RSI is above its neutrality area at 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 63223 and 62888).

Supports and resistances

67090 **

66420 *

65740 **

65060

63374 last

62890

62450 **

61310 *

60640 **

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