Bitcoin / Euro may fall to 52200 - 52840

Our pivot point is at 55070.

Our preference

Eye 52200.

Alternative scenario

Above 55070, look for 56150 and 56800.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is below its 20 period moving average (54262) but above its 50 period moving average (54118).

Supports and resistances

56800 **

56150 *

55070 **

54640

54154 last

52840

52200 **

51550 *

50910 **

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