Bitcoin / USD may fall to 60170 - 60930

63430 is our pivot point.

Our preference

The downside prevails as long as 63430 is resistance.

Alternative scenario

The upside breakout of 63430, would call for 64690 and 65450.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 62736 and 63084).

Supports and resistances

65450 **

64690 *

63430 **

62930

62434 last

60930

60170 **

59420 *

58670 **

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