Bitcoin / USD may fall to 63120 - 63720

Our pivot point is at 65840.

Our preference

The downside prevails as long as 65840 is resistance.

Alternative scenario

Above 65840, look for 66850 and 67460.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 65295 and 65246).

Supports and resistances

67460 **

66850 *

65840 **

65440

64985 last

63720

63120 **

62520 *

61920 **

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