Bitcoin / Euro may fall to 60470 - 61140

Our pivot point stands at 63460.

Our preference

The downside prevails as long as 63460 is resistance.

Alternative scenario

Above 63460, look for 64580 and 65250.

Comment

The RSI is below 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 62758 and 62799).

Supports and resistances

65250 **

64580 *

63460 **

63020

62525 last

61140

60470 **

59810 *

59140 **

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