25-04-2024 05:14 via newsbtc.com

Bitcoin Price Trims Gains Amid War Escalation, Can Bulls Save The Day?

Bitcoin price failed to clear the $67,000 resistance. BTC trimmed gains and is now struggling to stay above the $63,650 support zone.Bitcoin started another decline after it failed to surpass the $67,200 resistance zone.
The price is trading below $65,000 and the 100 hourly Simple moving average.
There was a break below a key bullish trend line with support at $66,200 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could correct higher, but the bears might remain active
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