Bitcoin value began an honest improve above $68,000 however failed at $70,000. BTC is now consolidating and would possibly goal for extra positive factors above $69,200.<\/em><\/p>\n Bitcoin value managed to type a base above the $65,500 zone. BTC began a fresh increase<\/a> and was in a position to surpass the $66,500 resistance zone.<\/p>\n The value even rallied above the $68,000 resistance. Besides, there was a break above a bearish pattern line with resistance at $66,800 on the hourly chart of the BTC\/USD pair. Finally, the bears appeared close to $70,000. A excessive was shaped at $70,100, and the worth just lately corrected some positive factors. There was a transfer beneath the 23.6% Fib retracement degree of the upward transfer from the $63,030 swing low to the $70,100 excessive.<\/p>\n Bitcoin is now buying and selling above $68,000 and the 100 hourly simple moving average<\/a>. If the worth stays steady above $67,500, it might try a recent improve. Immediate resistance is close to the $69,200 degree.<\/p>\n The first key resistance is close to the $69,500 degree. An in depth above the $69,500 resistance would possibly ship the worth additional larger. In the said case, the worth might rise and check the $70,000 resistance. Any extra positive factors would possibly ship the worth towards the $70,500 degree. The subsequent barrier for the bulls may very well be $70,850 and $71,200.<\/p>\n If Bitcoin fails to rise above the $70,000 resistance zone, it might begin one other decline. Immediate assist is close to the $68,000 degree. The first main assist is close to the $67,500 degree or the 50% Fib retracement degree of the upward transfer from the $63,030 swing low to the $70,100 excessive.<\/p>\n The subsequent assist is now close to the $65,650 zone. Any extra losses would possibly ship the worth towards the $65,000 assist within the close to time period. The foremost assist now sits at $64,200, 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 shedding tempo within the bullish zone.<\/p>\n Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now above the 50 degree.<\/p>\n Major Support Levels \u2013 $68,000, adopted by $67,500.<\/p>\n Major Resistance Levels \u2013 $69,200 and $70,000.<\/p>\n<\/div>\n\n
Bitcoin Price Fails At $70,000<\/h2>\n
![\"Bitcoin](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Bitcoin_fe25f7.png?resize=1024%2C512\")
<\/a>Downside Continuation In BTC?<\/h2>\n