Bitcoin / USD may fall to 66440 - 67230

69860 is our pivot point.

Our preference

As long as 69860 is resistance look for 66440.

Alternative scenario

The upside breakout of 69860, would call for 71190 and 71980.

Comment

The RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI would call for further upside. Moreover, the price stands above its 20 period moving average (68744) but below its 50 period moving average (68904).

Supports and resistances

71980 **

71190 *

69860 **

69340

68814 last

67230

66440 **

65640 *

64850 **

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