Bitcoin / Euro may rise to 63560 - 64060

61810 is our pivot point.

Our preference

The upside prevails as long as 61810 is support.

Alternative scenario

The downside breakout of 61810 would call for 60960 and 60460.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 62206 and 61869).

Supports and resistances

65080 **

64570 *

64060 **

63560

62543 last

62150

61810 **

60960 *

60460 **

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