Bitcoin / Euro may rise to 65930 - 66570

Our pivot point is at 63760.

Our preference

As long as 63760 is support look for 66570.

Alternative scenario

The downside breakout of 63760 would call for 62680 and 62040.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 64567 and 64385).

Supports and resistances

67850 **

67210 *

66570 **

65930

64600 last

64180

63760 **

62680 *

62040 **

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