Bitcoin / Euro may fall to 60490 - 61000

Our pivot point stands at 62690.

Our preference

The downside prevails as long as 62690 is resistance.

Alternative scenario

Above 62690, look for 63540 and 64040.

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 62319 and 62210).

Supports and resistances

64040 **

63540 *

62690 **

62360

62028 last

61000

60490 **

59990 *

59490 **

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