Bitcoin / USD may fall to 60980 - 61510

Our pivot point stands at 63350.

Our preference

The downside prevails as long as 63350 is resistance.

Alternative scenario

Above 63350, look for 64240 and 64770.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 62861 and 62935).

Supports and resistances

64770 **

64240 *

63350 **

63000

62617 last

61510

60980 **

60450 *

59920 **

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