Bitcoin / USD may fall to 65950 - 66550

69470 is our pivot point.

Our preference

Under pressure below 69470.

Alternative scenario

Above 69470, look for 70480 and 71080.

Comment

The RSI is below its neutrality area at 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 68607 and 68202).

Supports and resistances

71080 **

70480 *

69470 **

69070

68104 last

66550

65950 **

65360 *

64770 **

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