Bitcoin / USD may fall to 68730 - 69480

Our pivot point is at 71940.

Our preference

The downside prevails as long as 71940 is resistance.

Alternative scenario

Above 71940, look for 73190 and 73940.

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 71027 and 71075).

Supports and resistances

73940 **

73190 *

71940 **

71450

70963 last

69480

68730 **

67990 *

67240 **

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