Bitcoin / Euro may fall to 61120 - 61660

Our pivot point is at 63470.

Our preference

The downside prevails as long as 63470 is resistance.

Alternative scenario

Above 63470, look for 64380 and 64920.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 63094 and 63129).

Supports and resistances

64920 **

64380 *

63470 **

63110

62750 last

61660

61120 **

60580 *

60040 **

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