Bitcoin / Euro may fall to 63330 - 63970

Our pivot point stands at 66130.

Our preference

The downside prevails as long as 66130 is resistance.

Alternative scenario

The upside breakout of 66130, would call for 67220 and 67870.

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 65405 and 65321).

Supports and resistances

67870 **

67220 *

66130 **

65710

65278 last

63970

63330 **

62680 *

62030 **

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