Bitcoin / Euro may fall to 61390 - 61940

Our pivot point stands at 63840.

Our preference

The downside prevails as long as 63840 is resistance.

Alternative scenario

Above 63840, look for 64760 and 65300.

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 63393 and 63130).

Supports and resistances

65300 **

64760 *

63840 **

63480

63096 last

61940

61390 **

60850 *

60300 **

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