Bitcoin / Euro may rise to 63390 - 63980

Our pivot point stands at 61330.

Our preference

As long as 61330 is support look for 63980.

Alternative scenario

Below 61330, expect 60340 and 59760.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (62209) but above its 50 period moving average (61976).

Supports and resistances

65150 **

64570 *

63980 **

63390

62137 last

61720

61330 **

60340 *

59760 **

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