Bitcoin / USD may fall to 64290 - 64950

Our pivot point is at 67190.

Our preference

The downside prevails as long as 67190 is resistance.

Alternative scenario

The upside breakout of 67190, would call for 68300 and 68970.

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 66465 and 66439).

Supports and resistances

68970 **

68300 *

67190 **

66750

66311 last

64950

64290 **

63620 *

62960 **

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