Bitcoin / Euro may rise to 64420 - 64970

Our pivot point stands at 62430.

Our preference

The upside prevails as long as 62430 is support.

Alternative scenario

The downside breakout of 62430 would call for 61520 and 60970.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 62903 and 62572).

Supports and resistances

66060 **

65520 *

64970 **

64420

63155 last

62790

62430 **

61520 *

60970 **

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