Bitcoin loses $70,000 support; $66,000 now key level for recovery or decline
Bitcoin loses $70k, tests $66,187 support
Bitcoin trades below resistance. $66,187 is the line to hold per Kamile Uray.
Buyers failed to defend $69,407 on the 4h chart. Price stays under the “blue box” resistance Uray notes. The selloff has slowed here, but bulls need a strong, high‑volume close back above $69,407 to reset the upside source. A breakout with confirmation can extend higher NewsBTC.
Above $66,187 keeps a retest of resistance in play source. Below that, sellers can drive a move to $62,433 first. If weakness persists, $55,230 and $47,256 sit next on the map source.
On breakout, equal‑waves math points to ~$100,000. A daily close above $98,200 would set a new swing high and strengthen trend odds Uray. Watch $107,000–$109,000 for a possible “bearish Libra” setup if price stalls below the prior peak NewsBTC.
Separately, Crypto Candy flags the failed hold above $70,000. BTC closed back below that level, shifting momentum to sellers source. Reclaiming and breaking $74,000 is needed to ease downside pressure; otherwise, a slide toward the ~$61,000 area remains on the table source. Broader momentum context is mixed NewsBTC NewsBTC.
- Key support levels $66,187 $62,433 $55,230 $47,256 Uray
- Key resistance levels $69,407 $74,000 Uray Crypto Candy
- Upside markers $98,200 daily close $100,000 extension $107,000–$109,000 risk zone Uray NewsBTC
