Bitcoin worth began a restoration wave from the $65,500 zone. BTC is now consolidating and may purpose for extra features above $69,500.<\/em><\/p>\n Bitcoin worth prolonged its decline and traded under the $66,500 degree. BTC examined the $65,500 assist zone earlier than the bulls emerged. A low was fashioned at $65,646, and the worth just lately began a recovery wave<\/a>.<\/p>\n The worth climbed above the $67,200 and $67,500 resistance ranges. The bulls pushed the worth above the 23.6% Fib retracement degree of the downward transfer from the $74,062 swing excessive to the $65,646 low. However, the bears are nonetheless lively under $70,000.<\/p>\n There can be a key bearish development line forming with resistance at $69,250 on the hourly chart of the BTC\/USD pair. Bitcoin is now buying and selling above $68,500 and the 100 hourly easy shifting common.<\/p>\n If the worth stays secure above $67,500, it might try a fresh increase<\/a>. Immediate resistance is close to the $69,250 degree. The first key resistance is close to the $69,600 degree and the 50% Fib retracement degree of the downward transfer from the $74,062 swing excessive to the $65,646 low.<\/p>\n A detailed above the $69,600 resistance may ship the worth additional greater. In the said case, the worth might rise and check the $70,500 resistance. Any extra features may ship the worth towards the $72,000 degree. The subsequent barrier for the bulls may very well be $72,650.<\/p>\n If Bitcoin fails to rise above the $69,250 resistance zone, it might begin one other decline. Immediate assist is close to the $68,500 degree. The first main assist is close to the $68,000 degree.<\/p>\n The subsequent assist is now close to the $67,500 zone. Any extra losses may ship the worth towards the $66,650 assist within the close to time period. The major assist now sits at $65,500, under which BTC may wrestle to get better 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 degree.<\/p>\n Major Support Levels \u2013 $68,000, adopted by $67,500.<\/p>\n Major Resistance Levels \u2013 $69,250 and $69,850.<\/p>\n<\/div>\n\n
Bitcoin Price Starts Recovery Wave<\/h2>\n
![\"Bitcoin](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Bitcoin_d5f343.png?resize=1024%2C512\")
<\/a>Another Decline In BTC?<\/h2>\n