Bitcoin / USD may fall to 63590 - 64180

Our pivot point is at 66170.

Our preference

Target 63590.

Alternative scenario

Above 66170, look for 67160 and 67750.

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 trading under its 20 period moving average (65851) but above its 50 period moving average (65244).

Supports and resistances

67750 **

67160 *

66170 **

65790

65380 last

64180

63590 **

63010 *

62420 **

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