Bitcoin ( $BTC ) is currently around $67,367 on the 1 hour chart and is down about 1.85%.

Price is trading below the 200 MA, which shows the short-term trend is bearish, and the 7 MA is also below the 30 MA, meaning momentum is weak.

The RSI (43) is below 50, so buyers are not very much, but it is not oversold yet, and MACD is still negative, showing selling pressure.

Support level: around $65,000

Resistance level: around $69,000

If price breaks above $69,000, we may see upward movement. If it falls below $65,000, more downside is possible.

This is not financial advice.