Bitcoin / Euro may fall to 60550 - 61220

63530 is our pivot point.

Our preference

The downside prevails as long as 63530 is resistance.

Alternative scenario

Above 63530, look for 64650 and 65320.

Comment

The RSI is below 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 63070 and 62852).

Supports and resistances

65320 **

64650 *

63530 **

63090

62550 last

61220

60550 **

59880 *

59220 **

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