Bitcoin price started another decline below the $66,500 level. BTC is gaining bearish momentum and might revisit the $63,200 support.
Bitcoin started a fresh decline from the $68,500 resistance zone.
The price is trading below $65,500 and the 100 hourly Simple moving average.
There was a break below a key bullish trend line with support at $66,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might extend losses and trade toward the $63,200 support zone.
Bitcoin Price Gains Bearish Momentum
Bitcoin price failed to hold gains above the $66,500 support level. BTC started another decline and traded below the $66,000 support zone. There was a move below the 50% Fib retracement level of the upward move from the $63,225 swing low to the $68,313 high.
Besides, there was a break below a key bullish trend line with support at $66,000 on the hourly chart of the BTC/USD pair. The pair is now accelerating lower below the $65,000 level.
Bitcoin price is now
We współpracy z: https://www.newsbtc.com/analysis/btc/bitcoin-price-falls-65k/
