Bitcoin / Euro may fall to 60180 - 60770

Our pivot point is at 62760.

Our preference

The downside prevails as long as 62760 is resistance.

Alternative scenario

The upside breakout of 62760, would call for 63750 and 64330.

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 is trading under both its 20 and 50 period moving average (respectively at 62106 and 62095).

Supports and resistances

64330 **

63750 *

62760 **

62380

61951 last

60770

60180 **

59600 *

59010 **

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