Bitcoin / Euro may fall to 61060 - 61650

64230 is our pivot point.

Our preference

Under pressure below 64230.

Alternative scenario

The upside breakout of 64230, would call for 65240 and 65840.

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 stands below its 20 and 50 period moving average (respectively at 63792 and 63152).

Supports and resistances

65840 **

65240 *

64230 **

63830

62940 last

61650

61060 **

60460 *

59870 **

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