Bitcoin / Euro may rise to 60980 - 61500

Our pivot point stands at 59190.

Our preference

Rebound towards 61500.

Alternative scenario

Below 59190, expect 58320 and 57790.

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 59943 and 60031).

Supports and resistances

62550 **

62020 *

61500 **

60980

59893 last

59540

59190 **

58320 *

57790 **

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