{"id":146632,"date":"2026-04-03T02:51:15","date_gmt":"2026-04-03T02:51:15","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=146632"},"modified":"2026-04-03T02:51:15","modified_gmt":"2026-04-03T02:51:15","slug":"bitcoin-price-teeters-on-edge-will-support-finally-snap","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=146632","title":{"rendered":"Bitcoin Price Teeters on Edge, Will Support Finally Snap?"},"content":{"rendered":"

Bitcoin price started a fresh decline from the $69,250 zone. BTC is now struggling to stay above $66,000 and might extend losses in the near term.<\/em><\/p>\n

Bitcoin failed to settle above $68,000 and started a fresh decline.
\nThe price is trading below $67,000 and the 100 hourly simple moving average.
\nThere is a bearish trend line forming with resistance at $67,450 on the hourly chart of the BTC\/USD pair (data feed from Kraken).
\nThe pair might start another decline if it stays below the $67,500 and $67,800 levels.<\/p>\n

Bitcoin Price Dips Again<\/h2>\n

Bitcoin price failed to stay above the $68,800 zone and started a fresh decline. BTC traded below $68,200 and $68,000 to enter a bearish zone<\/a>.<\/p>\n

The bears even pushed the price below $67,000. A low was formed at $65,688, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $69,250 swing high to the $65,688 low.<\/p>\n

Bitcoin is now trading below $67,000 and the 100 hourly simple moving average<\/a>. If the price remains stable above $65,500, it could attempt a fresh increase. Immediate resistance is near the $67,000 level.<\/p>\n

The first key resistance is near the $67,500 level or the 50% Fib retracement level of the downward move from the $69,250 swing high to the $65,688 low. There is also a bearish trend line forming with resistance at $67,450 on the hourly chart of the BTC\/USD pair.<\/p>\n

<\/a><\/p>\n

A close above the $67,500 resistance might send the price further higher. In the stated case, the price could rise and test the $68,000 resistance. Any more gains might send the price toward the $68,500 level. The next barrier for the bulls could be $68,800.<\/p>\n

More Losses In BTC?<\/h2>\n

If Bitcoin fails to rise above the $67,500 resistance zone, it could start another decline. Immediate support is near the $66,000 level. The first major support is near the $65,500 level.<\/p>\n

The next support is now near the $65,000 zone. Any more losses might send the price toward the $64,200 support in the near term. The main support now sits at $63,500, below which BTC might struggle to recover in the near term.<\/p>\n

Technical indicators:<\/p>\n

Hourly MACD \u2013 The MACD is now gaining pace in the bearish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now below the 50 level.<\/p>\n

Major Support Levels \u2013 $66,000, followed by $65,500.<\/p>\n

Major Resistance Levels \u2013 $67,500 and $68,000.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price started a fresh decline from the $69,250 zone. BTC is now struggling to stay above $66,000 and might extend losses in the near term. Bitcoin failed to settle above $68,000 and started a fresh decline. The price is trading below $67,000 and the 100 hourly simple moving average. There is a bearish trend […]<\/p>\n","protected":false},"author":0,"featured_media":146633,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-146632","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/146632"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=146632"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/146632\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/146633"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=146632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=146632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=146632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}