Bitcoin / USD may fall to 65590 - 66160

68060 is our pivot point.

Our preference

Target 65590.

Alternative scenario

The upside breakout of 68060, would call for 69010 and 69580.

Comment

The RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (67380) but above its 50 period moving average (67306).

Supports and resistances

69580 **

69010 *

68060 **

67690

67316 last

66160

65590 **

65030 *

64460 **

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