Bitcoin / Euro may fall to 60460 - 61120

63330 is our pivot point.

Our preference

The downside prevails as long as 63330 is resistance.

Alternative scenario

The upside breakout of 63330, would call for 64450 and 65110.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 62526 and 62495).

Supports and resistances

65110 **

64450 *

63330 **

62890

62452 last

61120

60460 **

59790 *

59120 **

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