Bitcoin / Euro may rise to 71760 - 76080

57340 is our pivot point.

Our preference

As long as 57340 is support look for 76080.

Alternative scenario

The downside breakout of 57340 would call for 50080 and 45760.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 62837 and 60408).

Supports and resistances

84730 **

80410 *

76080 **

71760

63049 last

60190

57340 **

50080 *

45760 **

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