Bitcoin price extended losses, testing $65,500 support and is now consolidating. It recovered above $66,000 but is struggling to clear $66,500 resistance. A move above this level may lead to higher prices, targeting $67,650 and ultimately $70,000. Failure to break $66,500 could result in another decline towards $65,000 and possibly $63,500. Technical indicators suggest varying resistance and support levels for BTC/USD.