Bitcoin / USD may fall to 66870 - 67590

Our pivot point stands at 70050.

Our preference

As long as 70050 is resistance look for 66870.

Alternative scenario

Above 70050, look for 71260 and 71990.

Comment

The RSI is above 50. The MACD is negative and below its signal line. The penetration of 50 on the RSI should trigger further losses. Moreover, the price stands above its 20 period moving average (69028) but below its 50 period moving average (69143).

Supports and resistances

71990 **

71260 *

70050 **

69570

69065 last

67590

66870 **

66140 *

65420 **

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