Bitcoin / USD may fall to 50500 - 57000

Pivot

67000

Our preference

Short positions below 67000 with targets at 57000 & 50500 in extension.

Alternative scenario

Above 67000 look for further upside with 71000 & 73500 as targets.

Comment

As long as the resistance at 67000 is not surpassed, the risk of the break below 57000 remains high.

Supports and resistances

73500

71000

67000

63312 Last

57000

50500

46500

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