Bitcoin: Drops to $66K as Spot Sellers Regain Control

Bitcoin has fallen to $66K as profitability collapses and realized losses surge while spot sellers regain control below the ETF cost basis.

With price testing upper Bollinger resistance at $75832.89 while RSI flashes oversold at 21.18, a healthy retracement to the 50-EMA support at $71827.07 seems probable before further continuation as MACD death cross at -2041.75 confirms bearish trend structure inside the $63944.09 lower band.