Bitcoin worth failed to remain above $65,000 and dipped additional. BTC is now recovering losses from $62,500 and faces hurdles close to the $66,500 zone.<\/em><\/p>\n Bitcoin worth failed to stay secure above the $66,000 zone. BTC began a fresh decline<\/a> and traded beneath the $65,000 assist zone. There was a push beneath $64,000.<\/p>\n The worth even spiked beneath $63,000. A low was shaped at $62,500, and the worth is now correcting some losses. There was a transfer above $65,000 and the 50% Fib retracement stage of the current decline from the $68,654 swing excessive to the $62,500 low.<\/p>\n Bitcoin is now buying and selling beneath $66,500 and the 100 hourly simple moving average<\/a>. If the worth stays secure above $65,000, it might try a contemporary improve. Immediate resistance is close to the $66,500 stage. There can also be a bearish development line forming with resistance at $66,600 on the hourly chart of the BTC\/USD pair.<\/p>\n The first key resistance is close to the $67,200 stage or the 76.4% Fib retracement stage of the current decline from the $68,654 swing excessive to the $62,500 low. An in depth above the $67,200 resistance would possibly ship the worth additional increased. In the acknowledged case, the worth might rise and check the $68,000 resistance. Any extra beneficial properties would possibly ship the worth towards the $68,800 stage. The subsequent barrier for the bulls could possibly be $69,200 and $69,500.<\/p>\n If Bitcoin fails to rise above the $66,500 resistance zone, it might begin one other decline. Immediate assist is close to the $65,500 stage. The first main assist is close to the $65,000 stage.<\/p>\n The subsequent assist is now close to the $64,200 zone. Any extra losses would possibly ship the worth towards the $63,500 assist within the close to time period. The most important assist now sits at $62,500, beneath which BTC would possibly wrestle 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 bullish zone.<\/p>\n Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now above the 50 stage.<\/p>\n Major Support Levels \u2013 $65,500, adopted by $65,000.<\/p>\n Major Resistance Levels \u2013 $66,500 and $67,200.<\/p>\n<\/div>\n\n
Bitcoin Price Recovers Some Ground<\/h2>\n
![\"Bitcoin](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/Bitcoin_f615e1.png?resize=1024%2C512\")
<\/a>Another Decline In BTC?<\/h2>\n