Bitcoin / USD may fall to 65350 - 66030

Our pivot point is at 69470.

Our preference

Under pressure below 69470.

Alternative scenario

The upside breakout of 69470, would call for 70620 and 71310.

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 both its 20 and 50 period moving average (respectively at 68979 and 68000).

Supports and resistances

71310 **

70620 *

69470 **

69010

67967 last

66030

65350 **

64680 *

64000 **

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