Bitcoin / Euro may rise to 62800 - 63300

Our pivot point stands at 61090.

Our preference

The upside prevails as long as 61090 is support.

Alternative scenario

Below 61090, expect 60250 and 59750.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 61409 and 61720).

Supports and resistances

64300 **

63800 *

63300 **

62800

61752 last

61420

61090 **

60250 *

59750 **

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