Bitcoin / USD may fall to 60350 - 60910

Our pivot point stands at 62860.

Our preference

The downside prevails as long as 62860 is resistance.

Alternative scenario

Above 62860, look for 63800 and 64350.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 62274 and 62336).

Supports and resistances

64350 **

63800 *

62860 **

62490

62124 last

60910

60350 **

59790 *

59240 **

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