Bitcoin / Euro may fall to 60280 - 60940

Our pivot point is at 63270.

Our preference

The downside prevails as long as 63270 is resistance.

Alternative scenario

Above 63270, look for 64380 and 65050.

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 62566 and 62486).

Supports and resistances

65050 **

64380 *

63270 **

62830

62370 last

60940

60280 **

59610 *

58950 **

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