Bitcoin / Euro may rise to 65970 - 66610

Our pivot point is at 63660.

Our preference

The upside prevails as long as 63660 is support.

Alternative scenario

The downside breakout of 63660 would call for 62590 and 61950.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 64582 and 64564).

Supports and resistances

67890 **

67250 *

66610 **

65970

64689 last

64080

63660 **

62590 *

61950 **

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