21-06-2024 05:12 via newsbtc.com

Bitcoin Price Dips Again: BTC Bears Tighten Grip

Bitcoin price failed to climb above the $66,500 resistance. BTC is again moving lower and might decline below the $64,600 support zone.Bitcoin started a fresh decline from the $66,500 resistance level.
The price is trading below $65,500 and the 100 hourly Simple moving average.
There was a break below a connecting bullish trend line with support at $65,250 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could extend losses if there is a clear move below the $64,600 and
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