Bitcoin Intraday: under pressure below 68240

Our pivot point is at 68240.

Our preference: under pressure below 68240.

Alternative scenario: the upside breakout of 68240, would call for 69690 and 70550.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 67013 and 66999).

Supports and resistances:
70550 **
69690 *
68240 **
67670
66949 last
65200
64340 **
63490 *
62630 **