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#BTC触底66000 6.3 Bitcoin falls below the 66,000 mark, has the bull market in the crypto world come to an end?
Bitcoin has directly fallen below 66,000, and the next key level to watch is the 60k integer mark. Currently, the daily chart shows all moving averages are in a bearish downward pressure, the price has broken below the medium- and long-term key moving averages, the Bollinger Bands are widening sharply downward, and the price is firmly outside the lower band; the MACD green bars continue, indicating that the bearish momentum has not fully exhausted, RSI has fallen into an oversold zone, only showing slight rebound potential, with strong resistance at 69,000 and 71,500. After continuous decline on the 4-hour chart, indicators are extremely oversold, RSI approaching 25 at a low level, with slight bullish divergence prompting a short-term rebound; all moving averages are in a bearish alignment, locking in the rebound space, with the lower Bollinger Band providing support. The first short-term resistance is at 68,000; only if it stabilizes can it attempt to test 69,200. After this pressure and pullback, it is very likely to make new lows again.
On the 1-hour chart, there is narrow-range weaving and oscillation at low levels, indicators are neutral to slightly bullish but volume cannot keep up, rebound lacks incremental funds, making it difficult to sustain a continuous upward trend. In the short term, it is likely to fall again soon. $BTC