Cryptocurrency

Bitcoin / Euro may rise to 63330 - 63870

2024-10-22

Our pivot point stands at 61520.

Our preference

Rebound towards 63870.

Alternative scenario

Below 61520, expect 60620 and 60080.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 62318 and 62803).

Supports and resistances

64940 **

64400 *

63870 **

63330

62235 last

61880

61520 **

60620 *

60080 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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