Bitcoin / Euro may rise to 63350 - 63850

Our pivot point stands at 61640.

Our preference

The upside prevails as long as 61640 is support.

Alternative scenario

Below 61640, expect 60790 and 60290.

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 61601 and 61724).

Supports and resistances

64860 **

64360 *

63850 **

63350

62340 last

61970

61640 **

60790 *

60290 **

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