Bitcoin / USD may fall to 65290 - 65850

Our pivot point is at 67730.

Our preference

The downside prevails as long as 67730 is resistance.

Alternative scenario

The upside breakout of 67730, would call for 68670 and 69230.

Comment

The RSI is below its neutrality area at 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 67252 and 67373).

Supports and resistances

69230 **

68670 *

67730 **

67360

66977 last

65850

65290 **

64730 *

64170 **

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