Bitcoin / USD may fall to 61500 - 62080

64050 is our pivot point.

Our preference

The downside prevails as long as 64050 is resistance.

Alternative scenario

The upside breakout of 64050, would call for 65040 and 65620.

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 63660 and 64052).

Supports and resistances

65620 **

65040 *

64050 **

63660

63260 last

62080

61500 **

60910 *

60320 **

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