Bitcoin / Euro may fall to 60310 - 60810

62600 is our pivot point.

Our preference

The downside prevails as long as 62600 is resistance.

Alternative scenario

The upside breakout of 62600, would call for 63440 and 63940.

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 62110 and 62152).

Supports and resistances

63940 **

63440 *

62600 **

62270

61818 last

60810

60310 **

59810 *

59310 **

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