Bitcoin / Euro may rise to 63320 - 63860

Our pivot point stands at 61530.

Our preference

The upside prevails as long as 61530 is support.

Alternative scenario

The downside breakout of 61530 would call for 60630 and 60090.

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 above its 20 and 50 period moving average (respectively at 61823 and 61449).

Supports and resistances

64940 **

64400 *

63860 **

63320

62246 last

61890

61530 **

60630 *

60090 **

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