Bitcoin / USD may fall to 61530 - 62080

Our pivot point is at 64150.

Our preference

The downside prevails as long as 64150 is resistance.

Alternative scenario

The upside breakout of 64150, would call for 65080 and 65640.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 63749 and 64175).

Supports and resistances

65640 **

65080 *

64150 **

63780

63360 last

62080

61530 **

60970 *

60420 **

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