Bitcoin / Euro may rise to 65880 - 66520

Our pivot point stands at 63760.

Our preference

As long as 63760 is support look for 66520.

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 under its 20 period moving average (64599) but above its 50 period moving average (64409).

Supports and resistances

67790 **

67160 *

66520 **

65880

64599 last

64180

63760 **

62680 *

62040 **

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