Bitcoin / Euro may fall to 61320 - 61950

Our pivot point stands at 64130.

Our preference

The downside prevails as long as 64130 is resistance.

Alternative scenario

The upside breakout of 64130, would call for 65180 and 65810.

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 63282 and 63526).

Supports and resistances

65810 **

65180 *

64130 **

63720

63262 last

61950

61320 **

60700 *

60070 **

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