Bitcoin / Euro may fall to 61330 - 62030

Our pivot point is at 64360.

Our preference

As long as 64360 is resistance look for 61330.

Alternative scenario

Above 64360, look for 65530 and 66230.

Comment

The RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI would call for further upside. Moreover, the price is trading above its 20 period moving average (63370) but under its 50 period moving average (63530).

Supports and resistances

66230 **

65530 *

64360 **

63900

63434 last

62030

61330 **

60630 *

59930 **

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