Bitcoin / Euro may rise to 62390 - 62930

60490 is our pivot point.

Our preference

Rebound towards 62930.

Alternative scenario

The downside breakout of 60490 would call for 59600 and 59060.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (61229) but below its 50 period moving average (61451).

Supports and resistances

64000 **

63460 *

62930 **

62390

61320 last

60850

60490 **

59600 *

59060 **

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