Bitcoin / Euro may rise to 63400 - 63940

Our pivot point stands at 61550.

Our preference

The upside prevails as long as 61550 is support.

Alternative scenario

Below 61550, expect 60650 and 60110.

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 62162 and 62035).

Supports and resistances

65010 **

64470 *

63940 **

63400

62319 last

61910

61550 **

60650 *

60110 **

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