NewsBTC 2026-06-03 01:14:16

Bitcoin Price In Freefall As Panic Sweeps Through The Market

Bitcoin price started a fresh decline below the $70,000 zone. BTC is consolidating and might continue to move down if it dips below $66,000. Bitcoin failed to stay above $70,500 and extended losses. The price is trading below $70,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance near $68,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $67,500 and $68,500 levels. Bitcoin Price Nosedives Bitcoin price failed to stay above the $72,000 support zone . BTC remained in a bearish zone and extended losses below the $70,500 level. There was a move below the $70,000 level. The price even dipped below $67,200. A low was formed at $66,111 and the price is now consolidating losses with a bearish angle below the 23.6% Fib retracement level of the downward move from the $74,070 swing high to the $66,111 low. Bitcoin is now trading below $70,000 and the 100 hourly simple moving average . If the price remains stable above $66,000, it could attempt a fresh increase. Immediate resistance is near the $68,000 level. There is also a bearish trend line forming with resistance near $68,000 on the hourly chart of the BTC/USD pair. The first key resistance is near the $68,500 level. A close above the $68,500 resistance might send the price further higher. In the stated case, the price could rise and test the $70,000 resistance and the 50% Fib retracement level of the downward move from the $74,070 swing high to the $66,111 low. Any more gains might send the price toward the $71,500 level. The next barrier for the bulls could be $72,000. Downside Acceleration In BTC? If Bitcoin fails to rise above the $70,000 resistance zone, it could start another decline. Immediate support is near the $66,200 level. The first major support is near the $66,000 level. 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. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $66,000, followed by $65,000. Major Resistance Levels – $68,000 and $70,000.

En Okunan haberler

Nineteen New AI Billionaires Worth $59.3 Bill...
2026-06-03
DNA Protocol Breaks the Chains: Zero-Knowledg...
2026-06-03
Bitcoin Slips Below $65,000 as Market Faces R...
2026-06-03
Crypto Market Whipsaw: $113 Million in Future...
2026-06-03
Cboe seeks to preserve dormant crypto exchang...
2026-06-03
Tether Launches Gold-Backed Visa Card as Dali...
2026-06-03
Bitcoin’s million dollar forecast makes waves...
2026-06-03
ISM Services PMI Data Could Shape Fed’s Next...
2026-06-03

Feragatnameyi okuyun : Burada sunulan tüm içerikler web sitemiz, köprülü siteler, ilgili uygulamalar, forumlar, bloglar, sosyal medya hesapları ve diğer platformlar (“Site”), sadece üçüncü taraf kaynaklardan temin edilen genel bilgileriniz içindir. İçeriğimizle ilgili olarak, doğruluk ve güncellenmişlik dahil ancak bunlarla sınırlı olmamak üzere, hiçbir şekilde hiçbir garanti vermemekteyiz. Sağladığımız içeriğin hiçbir kısmı, herhangi bir amaç için özel bir güvene yönelik mali tavsiye, hukuki danışmanlık veya başka herhangi bir tavsiye formunu oluşturmaz. İçeriğimize herhangi bir kullanım veya güven, yalnızca kendi risk ve takdir yetkinizdedir. İçeriğinizi incelemeden önce kendi araştırmanızı yürütmeli, incelemeli, analiz etmeli ve doğrulamalısınız. Ticaret büyük kayıplara yol açabilecek yüksek riskli bir faaliyettir, bu nedenle herhangi bir karar vermeden önce mali danışmanınıza danışın. Sitemizde hiçbir içerik bir teklif veya teklif anlamına gelmez