Bitcoin / USD may fall to 63210 - 63780

66700 is our pivot point.

Our preference

The downside prevails as long as 66700 is resistance.

Alternative scenario

The upside breakout of 66700, would call for 67680 and 68250.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 66206 and 66172). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 65533).

Supports and resistances

68250 **

67680 *

66700 **

66320

65190 last

63780

63210 **

62640 *

62070 **

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