Bitcoin / USD may fall to 43800 - 50700

Pivot

64000

Our preference

Short positions below 64000 with targets at 50700 & 43800 in extension.

Alternative scenario

Above 64000 look for further upside with 71000 & 73500 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

73500

71000

64000

55671 Last

50700

43800

38600

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