Bitcoin / Euro may fall to 59410 - 59930

61750 is our pivot point.

Our preference

The downside prevails as long as 61750 is resistance.

Alternative scenario

Above 61750, look for 62630 and 63150.

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 is trading under both its 20 and 50 period moving average (respectively at 61124 and 61315).

Supports and resistances

63150 **

62630 *

61750 **

61400

60977 last

59930

59410 **

58880 *

58360 **

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