Bitcoin / USD may fall to 65460 - 66210

Our pivot point is at 68730.

Our preference

The downside prevails as long as 68730 is resistance.

Alternative scenario

The upside breakout of 68730, would call for 70010 and 70760.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 67831 and 67791).

Supports and resistances

70760 **

70010 *

68730 **

68230

67729 last

66210

65460 **

64700 *

63940 **

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