Bitcoin / USD may fall to 60260 - 60820

Our pivot point is at 62660.

Our preference

The downside prevails as long as 62660 is resistance.

Alternative scenario

Above 62660, look for 63600 and 64150.

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 62205 and 62263).

Supports and resistances

64150 **

63600 *

62660 **

62300

61929 last

60820

60260 **

59710 *

59150 **

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