Bitcoin / Euro may rise to 62580 - 63080

60610 is our pivot point.

Our preference

Rebound.

Alternative scenario

Below 60610, expect 59780 and 59280.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (61429) but below its 50 period moving average (61875).

Supports and resistances

64070 **

63580 *

63080 **

62580

61506 last

60940

60610 **

59780 *

59280 **

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