Bitcoin Weakens Below $70,000 As Analysts Flag $66,000 Support As Pivot For Next Major Move

Bitcoin's momentum has softened as the price trades under key resistance levels, with multiple analysts highlighting $66,187 as a critical support area and $70,000 as a lost bullish threshold. A sustained hold above roughly $66,000 could keep the door open for another attempt at the blue box resistance near $69,407, while a breakdown may expose lower supports around $62,433 and below. Some wave-based projections point to upside targets up to the $100,000 region if resistance between $69,407 and $74,000 is convincingly reclaimed with strong volume.