Bitcoin / USD may fall to 63320 - 63920

Our pivot point is at 65970.

Our preference

Technical rebound towards 65970 before a new drop.

Alternative scenario

Above 65970, look for 66980 and 67590.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price stands above its 20 period moving average (64780) but below its 50 period moving average (65203).

Supports and resistances

67590 **

66980 *

65970 **

65570

65139 last

63920

63320 **

62710 *

62110 **

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