Bitcoin / Euro may rise to 61340 - 61860

59590 is our pivot point.

Our preference

As long as 59590 is support look for 61860.

Alternative scenario

Below 59590, expect 58710 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 trading above both its 20 and 50 period moving average (respectively at 60115 and 60166).

Supports and resistances

62910 **

62390 *

61860 **

61340

60300 last

59930

59590 **

58710 *

58190 **

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