Bitcoin / Euro may rise to 63360 - 63870

Our pivot point stands at 61670.

Our preference

As long as 61670 is support look for 63870.

Alternative scenario

The downside breakout of 61670 would call for 60820 and 60310.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (62377) but above its 50 period moving average (62237).

Supports and resistances

64880 **

64370 *

63870 **

63360

62352 last

62000

61670 **

60820 *

60310 **

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