{"id":10768,"date":"2026-03-27T06:00:28","date_gmt":"2026-03-27T06:00:28","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-price-breaks-below-70k-sellers-eye-further-downside\/"},"modified":"2026-03-27T06:00:28","modified_gmt":"2026-03-27T06:00:28","slug":"bitcoin-price-breaks-below-70k-sellers-eye-further-downside","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-price-breaks-below-70k-sellers-eye-further-downside\/","title":{"rendered":"Bitcoin Price Breaks Below $70K, Sellers Eye Further Downside"},"content":{"rendered":"<p><em>Bitcoin price failed to stay above $70,500 and declined further. BTC is now consolidating below $70,500 and might continue to move down.<\/em><\/p>\n<ul>\n<li>Bitcoin started a fresh decline from well above the $71,200 zone.<\/li>\n<li>The price is trading below $70,500 and the 100 hourly simple moving average.<\/li>\n<li>There is a bearish trend line forming with resistance at $70,050 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair might start another decline if it stays below the $70,000 and $70,500 levels.<\/li>\n<\/ul>\n<h2>Bitcoin Price Dips Further<\/h2>\n<p>Bitcoin price failed to continue higher above $72,000 and reacted to the downside. BTC trimmed gains and declined below the $71,200 support.<\/p>\n<p>The bears pushed the price below $70,500 and $70,000. The price tested the $68,000 zone. A low was formed at $68,115, and the price is now consolidating losses near the 23.6% Fib retracement level of the downward move from the $71,985 swing high to the $68,115 low.<\/p>\n<p>Bitcoin is now trading below $70,200 and the 100 hourly simple moving average. There is also a bearish trend line forming with resistance at $70,050 on the hourly chart of the BTC\/USD pair.<\/p>\n<p>If the price remains stable above $68,200, it could attempt a fresh increase. Immediate resistance is near the $69,200 level. The first key resistance is near the $70,000 level and the trend line. A close above the $70,000 resistance might send the price further higher.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-889089\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Bitcoin_a8145a.png?resize=1024%2C512\" alt=\"Bitcoin Price \" width=\"1024\" height=\"512\" \/><\/p>\n<p>In the stated case, the price could rise and test the $70,500 resistance or the 61.8% Fib retracement level of the downward move from the $71,985 swing high to the $68,115 low. Any more gains might send the price toward the $71,200 level. The next barrier for the bulls could be $72,000.<\/p>\n<h2>More Losses In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $70,000 resistance zone, it could start another decline. Immediate support is near the $68,400 level. The first major support is near the $68,000 level.<\/p>\n<p>The next support is now near the $67,200 zone. Any more losses might send the price toward the $66,800 support in the near term. The main support now sits at $65,500, below which BTC might struggle to recover in the near term.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is now losing pace in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $68,400, followed by $68,000.<\/p>\n<p>Major Resistance Levels \u2013 $70,000 and $70,500.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price failed to stay above $70,500 and declined further. BTC is now consolidating below $70,500 and might continue to move down. Bitcoin started a fresh decline from well above the $71,200 zone. The price is trading below $70,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance&hellip;<\/p>\n","protected":false},"author":1,"featured_media":10769,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[22,29,32,35,36,154],"class_list":["post-10768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-btc","tag-bitcoin","tag-bitcoin-price","tag-btc","tag-btcusd","tag-btcusdt","tag-xbtusd"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/10768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=10768"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/10768\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/10769"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=10768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=10768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=10768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}