Bitcoin / USD may fall to 57360 - 57870

Our pivot point is at 59920.

Our preference

Target 57360.

Alternative scenario

Above 59920, look for 60790 and 61310.

Comment

The RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (59422) but above its 50 period moving average (58974).

Supports and resistances

61310 **

60790 *

59920 **

59580

59008 last

57870

57360 **

56840 *

56330 **

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