Bitcoin ($BTC ) is showing some intense volatility today! After a sharp dip to the $66,621 level, we are seeing a minor recovery, but the bulls aren't out of the woods yet.

📍 The Battle Zone: $BTC is currently hovering around $67,700. It needs to flip the $68,200 resistance into support to regain bullish momentum.

📍 Support to Watch: The $66,600 area is our "line in the sand." Holding this level is crucial to avoid a deeper correction.

On the 15m and 1h charts, the price is currently suppressed by the short-term Moving Averages. This suggests we might see more sideways movement before the next big move.

BTC

66,665.61

-1.05%

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