Bitcoin / Euro may rise to 64370 - 64970

Our pivot point stands at 62150.

Our preference

The upside prevails as long as 62150 is support.

Alternative scenario

The downside breakout of 62150 would call for 61150 and 60560.

Comment

The RSI is above 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 62658 and 63146). Finally, the Bitcoin / Euro has crossed above its upper Bollinger band (63115).

Supports and resistances

66170 **

65570 *

64970 **

64370

63176 last

62540

62150 **

61150 *

60560 **

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