BTC: Algos Sell at $66.9K Resistance

BTC encounters NYO-driven algo selling with key levels at $66.9K resistance and $65.7K support, trapping price in compression and chop.

Price sits at $65581.67 inside the Bollinger Bands on the 4h chart, testing toward upper resistance at $67477.23 while the EMA50 at $64707.16 offers concrete support beneath current levels and the EMA200 at $69508.91 caps the broader structure. The MACD death cross at 736.83 signals fading trend strength even as RSI at 54.42 stays neutral, suggesting a measured pullback to the 50-EMA before any continuation attempt.