Bitcoin / Euro may rise to 65560 - 66200

Our pivot point is at 63430.

Our preference

Rebound.

Alternative scenario

Below 63430, expect 62360 and 61720.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (64241) but below its 50 period moving average (64299).

Supports and resistances

67470 **

66830 *

66200 **

65560

64273 last

63850

63430 **

62360 *

61720 **

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