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Bitcoin Price Decline Continues: Lower Targets in Sight

Bitcoin Price Decline Continues: Lower Targets in Sight

Jun-17-2024 12:12:13 PM

Bitcoin failed to climb above $67,000 and started another decline.
The price is trading below $66,800 and the 100 hourly Simple moving average.
There was a break below a connecting bullish trend line with support at $66,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could continue to move down and even trade below the $65,500 support zone.