Bitcoin / Euro may rise to 63390 - 63980

61430 is our pivot point.

Our preference

Rebound towards 63980.

Alternative scenario

The downside breakout of 61430 would call for 60450 and 59860.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (62180) but below its 50 period moving average (62372).

Supports and resistances

65160 **

64570 *

63980 **

63390

62211 last

61820

61430 **

60450 *

59860 **

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