Bitcoin value corrected positive factors and examined the $66,000 assist. BTC is now consolidating losses and may decline additional beneath the $65,500 zone.<\/em><\/p>\n Bitcoin value failed to stay steady above the $68,000 zone. BTC began a fresh decline<\/a> and traded beneath the $67,500 assist zone. There was a push beneath $67,000.<\/p>\n The value dipped beneath the 76.4% Fib retracement stage of the upward transfer from the $65,072 swing low to the $70,935 excessive. Finally, the worth discovered some assist close to the $66,000 zone. It is now consolidating losses and there’s a declining channel forming with resistance at $68,000 on the hourly chart of the BTC\/USD pair.<\/p>\n Bitcoin is now buying and selling beneath $67,200 and the 100 hourly simple moving average<\/a>. If the worth stays steady above $66,000, it may try a recent improve. Immediate resistance is close to the $67,350 stage.<\/p>\n The first key resistance is close to the $68,000 stage. An in depth above the $68,000 resistance may ship the worth additional greater. In the said case, the worth may rise and check the $68,800 resistance. Any extra positive factors may ship the worth towards the $69,500 stage. The subsequent barrier for the bulls could possibly be $70,000 and $70,500.<\/p>\n If Bitcoin fails to rise above the $68,000 resistance zone, it may begin one other decline. Immediate assist is close to the $66,000 stage or the 83.2% Fib retracement stage of the upward transfer from the $65,072 swing low to the $70,935 excessive. The first main assist is close to the $65,500 stage.<\/p>\n The subsequent assist is now close to the $65,000 zone. Any extra losses may ship the worth towards the $64,200 assist within the close to time period. The fundamental assist now sits at $63,500, beneath which BTC may battle to get well within the close to time period.<\/p>\n Technical indicators:<\/p>\n Hourly MACD \u2013 The MACD is now gaining tempo within the bearish zone.<\/p>\n Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now beneath the 50 stage.<\/p>\n Major Support Levels \u2013 $66,000, adopted by $65,000.<\/p>\n Major Resistance Levels \u2013 $67,350 and $68,000.<\/p>\n<\/div>\n\n
Bitcoin Price Dips Again<\/h2>\n
![\"Bitcoin](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/Bitcoin_d81a1f.png?resize=1024%2C509\")
<\/a>More Losses In BTC?<\/h2>\n