Bitcoin / Euro may fall to 60420 - 60960

Our pivot point stands at 62820.

Our preference

The downside prevails as long as 62820 is resistance.

Alternative scenario

Above 62820, look for 63720 and 64260.

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 62204 and 62159).

Supports and resistances

64260 **

63720 *

62820 **

62460

62100 last

60960

60420 **

59880 *

59350 **

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