Bitcoin / Euro may rise to 63340 - 63880

Our pivot point stands at 61550.

Our preference

As long as 61550 is support look for 63880.

Alternative scenario

Below 61550, expect 60640 and 60110.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (62342) but above its 50 period moving average (62008).

Supports and resistances

64950 **

64410 *

63880 **

63340

62260 last

61900

61550 **

60640 *

60110 **

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