Bitcoin / Euro may fall to 62760 - 63400

Our pivot point is at 65650.

Our preference

Target 62760.

Alternative scenario

Above 65650, look for 66730 and 67370.

Comment

The RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (64776) but above its 50 period moving average (64680).

Supports and resistances

67370 **

66730 *

65650 **

65230

64708 last

63400

62760 **

62120 *

61480 **

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