Bitcoin / Euro may rise to 64060 - 64650

Our pivot point is at 62000.

Our preference

Rebound.

Alternative scenario

The downside breakout of 62000 would call for 61000 and 60410.

Comment

The RSI is above its neutrality area at 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 is trading above its 20 period moving average (62589) but under its 50 period moving average (63168).

Supports and resistances

65840 **

65250 *

64650 **

64060

62859 last

62390

62000 **

61000 *

60410 **

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