Bitcoin has managed to receive support at the $66,800 mark, which is considered a significant achievement for the cryptocurrency community. Although Bitcoin failed to maintain its position above the $70,000 level, the price correction is limited to just 4%, which is viewed as a healthy retracement by market analysts.
This market behavior signifies resilience amid volatile trading conditions, providing a sense of relief and optimism among investors and traders. With ongoing developments and market dynamics, Bitcoin's future movement might range between $84k or drop to $65k.
