Bitcoin / USD may fall to 62730 - 63330

65350 is our pivot point.

Our preference

The downside prevails as long as 65350 is resistance.

Alternative scenario

The upside breakout of 65350, would call for 66360 and 66960.

Comment

The RSI is below 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 64864 and 65192).

Supports and resistances

66960 **

66360 *

65350 **

64960

64565 last

63330

62730 **

62130 *

61540 **

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