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As of March 8, 2026, **Bitcoin (BTC)** trades around **$67,300 USD**, reflecting a mild decline of approximately 0.7-1% over the past 24 hours. The price has fluctuated within a daily range of roughly **$66,500 to $68,200**, amid heightened market volatility.
Technically, BTC remains in a **short-term bearish phase**, having lost momentum after failing to sustain above $70,000. It hovers below key resistance levels near $70,000–$74,000, while support holds critically around **$66,000**. A break below this could trigger further downside toward $61,000 or lower. Many indicators, including moving averages, signal a **strong sell** bias on daily charts, with the asset in a falling trend channel medium-term.
However, positive RSI divergence hints at potential short-term relief bounces if buyers defend $66,000. Overall sentiment leans cautious, with recovery dependent on reclaiming higher levels amid broader macro pressures.
#FebNonfarmPayrollsUnexpectedlyFall
$BTC $GT