Bitcoin / Euro may rise to 64700 - 65250

Our pivot point stands at 62870.

Our preference

The upside prevails as long as 62870 is support.

Alternative scenario

The downside breakout of 62870 would call for 61950 and 61400.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 63253 and 62980).

Supports and resistances

66350 **

65800 *

65250 **

64700

63603 last

63240

62870 **

61950 *

61400 **

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