Bitcoin / USD may fall to 66270 - 66890

Our pivot point is at 68960.

Our preference

The downside prevails as long as 68960 is resistance.

Alternative scenario

The upside breakout of 68960, would call for 70000 and 70620.

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 68531 and 68661).

Supports and resistances

70620 **

70000 *

68960 **

68560

68122 last

66890

66270 **

65650 *

65040 **

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