Bitcoin / USD may fall to 57840 - 58370

60350 is our pivot point.

Our preference

The downside prevails as long as 60350 is resistance.

Alternative scenario

Above 60350, look for 61250 and 61780.

Comment

The RSI is below its neutrality area at 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 60443 and 60642).

Supports and resistances

61780 **

61250 *

60350 **

59990

59637 last

58370

57840 **

57310 *

56770 **

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