Bitcoin / USD may fall to 65290 - 66040

Our pivot point is at 68720.

Our preference

The downside prevails as long as 68720 is resistance.

Alternative scenario

Above 68720, look for 69990 and 70750.

Comment

The RSI is below 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 67877 and 67780).

Supports and resistances

70750 **

69990 *

68720 **

68220

67720 last

66040

65290 **

64530 *

63780 **

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