Bitcoin / Euro may fall to 61040 - 61710

Our pivot point is at 64100.

Our preference

Target 61040.

Alternative scenario

Above 64100, look for 65240 and 65910.

Comment

The RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (63156) but above its 50 period moving average (62828).

Supports and resistances

65910 **

65240 *

64100 **

63660

63057 last

61710

61040 **

60370 *

59700 **

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