Bitcoin / Euro may fall to 62130 - 62770

Our pivot point stands at 65090.

Our preference

The downside prevails as long as 65090 is resistance.

Alternative scenario

The upside breakout of 65090, would call for 66160 and 66790.

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 65292 and 65192).

Supports and resistances

66790 **

66160 *

65090 **

64670

64135 last

62770

62130 **

61500 *

60870 **

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