Bitcoin / USD may fall to 65470 - 66060

Our pivot point stands at 68050.

Our preference

The downside prevails as long as 68050 is resistance.

Alternative scenario

The upside breakout of 68050, would call for 69040 and 69630.

Comment

The RSI is below 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 67792 and 67457).

Supports and resistances

69630 **

69040 *

68050 **

67660

67259 last

66060

65470 **

64880 *

64290 **

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