Bitcoin / USD may fall to 63350 - 63960

Our pivot point stands at 66150.

Our preference

Under pressure below 66150.

Alternative scenario

The upside breakout of 66150, would call for 67160 and 67770.

Comment

The RSI is below its neutrality area at 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 65672 and 65265).

Supports and resistances

67770 **

67160 *

66150 **

65750

65213 last

63960

63350 **

62750 *

62150 **

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