Cryptocurrency

Bitcoin / Euro may rise to 67140 - 67790

2024-06-07

Our pivot point stands at 64900.

Our preference

The upside prevails as long as 64900 is support.

Alternative scenario

Below 64900, expect 63800 and 63150.

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 65477 and 65274).

Supports and resistances

69100 **

68450 *

67790 **

67140

65805 last

65330

64900 **

63800 *

63150 **

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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