Bitcoin / Euro may rise to 69600 - 73120

Our pivot point is at 57000.

Our preference

The upside prevails as long as 57000 is support.

Alternative scenario

Below 57000, expect 51190 and 47740.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 59058 and 56313).

Supports and resistances

80140 **

76630 *

73120 **

69600

61846 last

59280

57000 **

51190 *

47740 **

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