Bitcoin / Euro may rise to 64450 - 65000

Our pivot point stands at 62590.

Our preference

As long as 62590 is support look for 65000.

Alternative scenario

The downside breakout of 62590 would call for 61670 and 61120.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (63320) but above its 50 period moving average (63030).

Supports and resistances

66090 **

65550 *

65000 **

64450

63315 last

62950

62590 **

61670 *

61120 **

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