The current price of Bitcoin hovers at approximately $66,400, with a test of the immediate support at $66,243. The cryptocurrency is approaching the pivot point at $67,000, indicating a bearish outlook for Bitcoin’s price.
There are additional resistance levels to watch out for at $67,530 (50-Day EMA), $68,485, and $70,000. If the current support level is breached, the next support levels to consider are at $64,992, followed by $63,948 and $62,981.