Bitcoin falls from $70K, targets $67,500 support

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Bitcoin jumps above $70,000, then trims gains. Bulls defend $67,500 trendline; sellers cap $69,350–$69,800.

Bitcoin cleared $68,500–$68,800 and tagged $70,463 before a pullback. Price still trades above $68,000 and the 100‑hour SMA, per NewsBTC.

An hourly bullish trendline sits near $67,500 on BTC/USD (Kraken). Indicators flip soft: MACD turns more negative, RSI slips below 50, per NewsBTC.

Bitcoin price

Key levels:
- Resistance: $69,350; $69,800. Break and close above $69,800 opens $70,500, then $71,500 and $72,000.
- Support: $68,000; $67,800; $67,500 (trendline and 61.8% Fib of $65,688–$70,463). Below that, $66,800; main support $65,500.

Context:
- High: $70,463.
- Above: 100‑hour SMA.
- Risk if below $69,250–$69,500: extension toward $67,500. Sources: NewsBTC, NewsBTC.