Bitcoin / USD may fall to 63300 - 63900

Our pivot point stands at 66000.

Our preference

Target 63300.

Alternative scenario

The upside breakout of 66000, would call for 67010 and 67620.

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 its 20 period moving average (65301) but above its 50 period moving average (65098).

Supports and resistances

67620 **

67010 *

66000 **

65600

65200 last

63900

63300 **

62700 *

62090 **

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