Bitcoin / USD may fall to 65410 - 66000

Our pivot point is at 68360.

Our preference

Under pressure below 68360.

Alternative scenario

Above 68360, look for 69360 and 69950.

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 67943 and 67415). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 67471).

Supports and resistances

69950 **

69360 *

68360 **

67970

67297 last

66000

65410 **

64820 *

64230 **

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