Bitcoin / Euro may rise to 63820 - 64360

Our pivot point is at 62000.

Our preference

Rebound towards 64360.

Alternative scenario

The downside breakout of 62000 would call for 61090 and 60550.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (62705) but under its 50 period moving average (62848).

Supports and resistances

65450 **

64900 *

64360 **

63820

62718 last

62360

62000 **

61090 *

60550 **

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