Bitcoin / Euro may rise to 64120 - 64720

Our pivot point stands at 61760.

Our preference

Rebound.

Alternative scenario

Below 61760, expect 60770 and 60180.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (62302) but below its 50 period moving average (63139). Finally, the Bitcoin / Euro has crossed above its upper Bollinger band (62904).

Supports and resistances

65910 **

65310 *

64720 **

64120

62916 last

62150

61760 **

60770 *

60180 **

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