Bitcoin / Euro may rise to 73040 - 77270

Our pivot point is at 58940.

Our preference

As long as 58940 is support look for 77270.

Alternative scenario

Below 58940, expect 51840 and 47610.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 63659 and 61054).

Supports and resistances

85740 **

81510 *

77270 **

73040

64566 last

61730

58940 **

51840 *

47610 **

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