Bitcoin / USD may fall to 60800 - 61360

Our pivot point is at 63320.

Our preference

The downside prevails as long as 63320 is resistance.

Alternative scenario

Above 63320, look for 64260 and 64820.

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 is trading under both its 20 and 50 period moving average (respectively at 62644 and 62670).

Supports and resistances

64820 **

64260 *

63320 **

62950

62483 last

61360

60800 **

60240 *

59680 **

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