BTCUSD drops to a three-week low amid uncertainty surrounding U.S. tariff developments.
Bitcoin remains under pressure on Monday, hovering just above a fresh three-week low as uncertainty surrounding U.S. tariff policy continues to weigh on sentiment.
The latest leg lower has broken below the key 65.5K/65K support zone, which had previously acted as a higher base. However, a decisive close beneath this area is still required to confirm a developing bearish signal and pave the way for a renewed test of the critical 60K support region — a major psychological level that coincides with the February 6 spike low, marking the lowest point since October 1, 2024.
Daily technical indicators remain firmly bearish, reinforcing downside risks. The declining 10-day moving average at 67,800 continues to cap recovery attempts, while the 70K level remains the upper breakpoint needed to neutralize immediate downside pressure.
Res: 67450; 67800; 68700; 70000
Sup: 65800; 65000; 64120; 62060
