Cryptocurrency

Bitcoin / Euro may rise to 66870 - 67520

2024-06-06

64330 is our pivot point.

Our preference

As long as 64330 is support look for 67520.

Alternative scenario

Below 64330, expect 63250 and 62600.

Comment

The RSI is above its neutrality area at 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 65387 and 65184).

Supports and resistances

68820 **

68170 *

67520 **

66870

65577 last

64760

64330 **

63250 *

62600 **

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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