Bitcoin / Euro may rise to 63430 - 64010

Our pivot point stands at 61470.

Our preference

As long as 61470 is support look for 64010.

Alternative scenario

The downside breakout of 61470 would call for 60480 and 59890.

Comment

The RSI is above its neutrality area at 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 62203 and 62059).

Supports and resistances

65190 **

64600 *

64010 **

63430

62248 last

61860

61470 **

60480 *

59890 **

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