Bitcoin value began a restoration wave above the $68,500 zone. BTC is now consolidating and may purpose for extra good points above $70,500.<\/em><\/p>\n Bitcoin value remained elevated and extended its increase<\/a> above the $68,500 stage. BTC climbed above the $69,200 and $70,000 resistance ranges.<\/p>\n The bulls pushed the worth above the 61.8% Fib retracement stage of the downward transfer from the $74,062 swing excessive to the $65,646 low. However, the bears are nonetheless lively beneath $72,000. The value confronted rejection close to the $71,600 stage and began a downside correction<\/a>.<\/p>\n There was a break beneath a bullish pattern line with assist at $70,400 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. If the worth stays secure above $68,500, it may try a recent improve. Immediate resistance is close to the $70,250 stage.<\/p>\n The first key resistance is close to the $70,500 stage. A detailed above the $70,500 resistance may ship the worth additional increased. In the acknowledged case, the worth may rise and check the $71,500 resistance. Any extra good points may ship the worth towards the $72,000 stage or the 76.4% Fib retracement stage of the downward transfer from the $74,062 swing excessive to the $65,646 low. The subsequent barrier for the bulls might be $72,650.<\/p>\n If Bitcoin fails to rise above the $70,500 resistance zone, it may begin one other decline. Immediate assist is close to the $69,280 stage. The first main assist is close to the $68,500 stage.<\/p>\n The subsequent assist is now close to the $68,000 zone. Any extra losses may ship the worth towards the $67,250 assist within the close to time period. The most important assist now sits at $66,500, 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 close to the 50 stage.<\/p>\n Major Support Levels \u2013 $68,500, adopted by $68,000.<\/p>\n Major Resistance Levels \u2013 $70,500 and $72,000.<\/p>\n<\/div>\n\n
Bitcoin Price Fails Near Resistance<\/h2>\n
![\"Bitcoin](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Bitcoin_05fb9c.png?resize=1024%2C512\")
<\/a>More Losses In BTC?<\/h2>\n