Bitcoin / Euro may rise to 61510 - 62040

Our pivot point is at 59710.

Our preference

Rebound towards 62040.

Alternative scenario

Below 59710, expect 58830 and 58300.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 60449 and 60640).

Supports and resistances

63090 **

62570 *

62040 **

61510

60423 last

60060

59710 **

58830 *

58300 **

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