Bitcoin / Euro may fall to 60890 - 61590

Our pivot point is at 64090.

Our preference

The downside prevails as long as 64090 is resistance.

Alternative scenario

The upside breakout of 64090, would call for 65260 and 65960.

Comment

The RSI is below its neutrality area at 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 63296 and 63483).

Supports and resistances

65960 **

65260 *

64090 **

63630

63003 last

61590

60890 **

60200 *

59500 **

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