Bitcoin / Euro may rise to 62950 - 63450

Our pivot point stands at 61250.

Our preference

Rebound towards 63450.

Alternative scenario

Below 61250, expect 60400 and 59900.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 62125 and 62227).

Supports and resistances

64450 **

63950 *

63450 **

62950

61945 last

61580

61250 **

60400 *

59900 **

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