Bitcoin / Euro may rise to 63260 - 63800

Our pivot point stands at 61420.

Our preference

The upside prevails as long as 61420 is support.

Alternative scenario

Below 61420, expect 60520 and 59980.

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 62002 and 62002).

Supports and resistances

64880 **

64340 *

63800 **

63260

62165 last

61780

61420 **

60520 *

59980 **

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