Bitcoin / USD may fall to 66710 - 67480

70160 is our pivot point.

Our preference

Target 66710.

Alternative scenario

The upside breakout of 70160, would call for 71460 and 72230.

Comment

The RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (69280) but above its 50 period moving average (68697).

Supports and resistances

72230 **

71460 *

70160 **

69650

69091 last

67480

66710 **

65940 *

65170 **

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