Bitcoin: Sinks to Lowest Price Since March

Bitcoin sinks to $65668.84, its lowest level since March, while oil prices climb higher.

The move aligns with broader macro pressure seen over the past six months, where rising energy costs have repeatedly weighed on risk assets including BTC.

Technical confluence on the 4h chart reveals price trading inside Bollinger Bands with upper resistance at $75824.42; the bearish EMA50 at $71830.35 and EMA200 at $75517.8 act as firm overhead resistance, while MACD at -2035.07 confirms the death cross and RSI at 21.4 signals oversold conditions that could trigger a relief bounce before any sustained recovery.

Traders now watch whether this dip accelerates BTC price prediction revisions or sparks a crypto market crash narrative, with limited AI industry impact visible so far.