Cryptocurrency

Bitcoin / Euro may rise to 65590 - 66220

2024-06-08

Our pivot point is at 63450.

Our preference

Rebound towards 66220.

Alternative scenario

The downside breakout of 63450 would call for 62390 and 61750.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (64283) but below its 50 period moving average (64847).

Supports and resistances

67500 **

66860 *

66220 **

65590

64297 last

63870

63450 **

62390 *

61750 **

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

Trade with Exness

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

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