Bitcoin / USD may fall to 65640 - 66400

Our pivot point stands at 68930.

Our preference

The downside prevails as long as 68930 is resistance.

Alternative scenario

The upside breakout of 68930, would call for 70210 and 70960.

Comment

The RSI is below its neutrality area at 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 68346 and 68914).

Supports and resistances

70960 **

70210 *

68930 **

68430

67928 last

66400

65640 **

64880 *

64120 **

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