Bitcoin / USD may fall to 57210 - 57930

Our pivot point stands at 60360.

Our preference

The downside prevails as long as 60360 is resistance.

Alternative scenario

Above 60360, look for 61570 and 62280.

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 stands below its 20 and 50 period moving average (respectively at 60657 and 61826).

Supports and resistances

62280 **

61570 *

60360 **

59890

59385 last

57930

57210 **

56490 *

55780 **

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