Cryptocurrency

Bitcoin / Euro may rise to 66540 - 67190

2024-06-05

64400 is our pivot point.

Our preference

As long as 64400 is support look for 67190.

Alternative scenario

Below 64400, expect 63310 and 62670.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 64931 and 64269).

Supports and resistances

68480 **

67830 *

67190 **

66540

65250 last

64820

64400 **

63310 *

62670 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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