Bitcoin Price Analysis: Key Levels at $68K Resistance and $60K Support After Recent Selloff

Following a sharp decline, Bitcoin remains in a corrective phase and is attempting to stabilize near $66,000 while trading below its 100-day and 200-day moving averages. On higher time frames, momentum is still bearish, with a key resistance trigger around $68,000 and important support zones near $62,000 and $60,000. A breakout from the current symmetrical triangle structure is likely to determine whether the market has formed a bottom or faces another downside leg.