Bitcoin / Euro may rise to 63430 - 63930

Our pivot point stands at 61730.

Our preference

The upside prevails as long as 61730 is support.

Alternative scenario

Below 61730, expect 60880 and 60380.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 62364 and 62227).

Supports and resistances

64940 **

64440 *

63930 **

63430

62397 last

62060

61730 **

60880 *

60380 **

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