Bitcoin / Euro may fall to 60110 - 60640

Our pivot point stands at 62400.

Our preference

The downside prevails as long as 62400 is resistance.

Alternative scenario

Above 62400, look for 63290 and 63820.

Comment

The RSI is below its neutrality area at 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 62220 and 61900).

Supports and resistances

63820 **

63290 *

62400 **

62050

61703 last

60640

60110 **

59580 *

59060 **

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