Bitcoin may fall to 42050 - 42480
Our pivot point is at 44010.
Our preference
Target 42050.
Alternative scenario
The upside breakout of 44010, would call for 44730 and 45160.
Comment
The RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (43511) but above its 50 period moving average (43314).
