Bitcoin / USD may fall to 65030 - 65590

Our pivot point stands at 67530.

Our preference

The downside prevails as long as 67530 is resistance.

Alternative scenario

The upside breakout of 67530, would call for 68470 and 69030.

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 67073 and 67169).

Supports and resistances

69030 **

68470 *

67530 **

67160

66714 last

65590

65030 **

64480 *

63920 **

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