Bitcoin / USD may fall to 61660 - 62240

Our pivot point is at 64580.

Our preference

The downside prevails as long as 64580 is resistance.

Alternative scenario

The upside breakout of 64580, would call for 65570 and 66160.

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 64116 and 64599).

Supports and resistances

66160 **

65570 *

64580 **

64190

63699 last

62240

61660 **

61070 *

60480 **

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