$BITCOIN Price Drop to $66K, But On-Chain Data Backs the Bulls

Crypto market down today as Bitcoin price drops 3% to $66,300 driven by profit-taking near $70K.

Immediate support: $65,000–$64,500

Major demand zone: $60,000–$62,000 (strong accumulation area)

Key resistance: $69,000–$70,000

Bullish confirmation: A daily close above $72,000 could open the path toward $78,000–$80,000

Bearish risk: Sustained weakness below $60,000 would weaken the bullish structure

$BTC

BTC
BTC
70,600
-1.19%