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BEARISH 📉 : Bitcoin breaks below $70K as bears test $68K support zone
Bitcoin loses $70,000. Price hits $68,115 and stalls below $70,500.
Bitcoin failed to hold $70,500 and $70,000. Price tested $68,115, then moved into a tight range below $70,500, per NewsBTC.
Price trades below $70,200 and the 100‑hour SMA. A bearish trendline sits at $70,050. A close above $70,000 is needed to target $70,500, then $71,200 and $72,000, per NewsBTC.
Key levels
- Resistance: $69,200, $70,000, $70,500, $71,200, $72,000 source
- Support: $68,400, $68,000, $67,200, $66,800, main $65,500 source
Indicators show pressure. RSI sits below 50. Hourly MACD eases in bearish zone source.
