Bitcoin / Euro may rise to 63940 - 67320

Our pivot point stands at 52040.

Our preference

As long as 52040 is support look for 67320.

Alternative scenario

Below 52040, expect 46430 and 43090.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (56928) but above its 50 period moving average (54721).

Supports and resistances

74090 **

70700 *

67320 **

63940

56925 last

54250

52040 **

46430 *

43090 **

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