Bitcoin / Euro may rise to 61340 - 61860

Our pivot point stands at 59570.

Our preference

As long as 59570 is support look for 61860.

Alternative scenario

Below 59570, expect 58700 and 58190.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (60322) but above its 50 period moving average (59507).

Supports and resistances

62890 **

62370 *

61860 **

61340

60283 last

59910

59570 **

58700 *

58190 **

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