Bitcoin / USD may fall to 61160 - 61720

63660 is our pivot point.

Our preference

The downside prevails as long as 63660 is resistance.

Alternative scenario

Above 63660, look for 64610 and 65170.

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 is trading under both its 20 and 50 period moving average (respectively at 62980 and 62972).

Supports and resistances

65170 **

64610 *

63660 **

63290

62893 last

61720

61160 **

60600 *

60030 **

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