Bitcoin / USD may fall to 63190 - 63800

Our pivot point is at 65800.

Our preference

As long as 65800 is resistance look for 63190.

Alternative scenario

The upside breakout of 65800, would call for 66810 and 67410.

Comment

The RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI would call for further upside. Moreover, the price stands above its 20 period moving average (64874) but below its 50 period moving average (65126).

Supports and resistances

67410 **

66810 *

65800 **

65400

65004 last

63800

63190 **

62590 *

61990 **

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