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Current price: 66000
Key point: 67000
Our preferred strategy: Sell positions below 67,000 with a first target of 64,000 and then a second target of 60,000.
Alternative scenario: Stop loss and trend reversal upon breaking the 68,000 level, targeting the 75,000 level.
Technical commentary
Bitcoin has fallen from the pivotal resistance levels of 76,000-74,000, and with the support level of 67,000 broken, Bitcoin is expected to fall and reach the levels of 64,000 and then the levels of 60,000.
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