Bitcoin Price Holds Above Key Support, Eyes $70,000 Resistance
Bitcoin is holding steady above $66,500 despite recent fluctuations. After briefly surpassing $68,500 and hitting $69,428, BTC couldn't break the $70,000 resistance and started correcting.
Currently trading below $68,500, Bitcoin is facing resistance around $68,000, with key levels at $68,750 and $69,200. A break past $69,200 could trigger a rally toward $70,000.
On the downside, if BTC fails to clear $68,000, it could drop to $67,000 or $66,500. Key indicators show the RSI below 50, suggesting possible weakness ahead.
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