Bitcoin / USD may fall to 60220 - 60740

Our pivot point stands at 62730.

Our preference

The downside prevails as long as 62730 is resistance.

Alternative scenario

Above 62730, look for 63610 and 64130.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 62265 and 62653).

Supports and resistances

64130 **

63610 *

62730 **

62380

61853 last

60740

60220 **

59700 *

59170 **

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