Bitcoin Struggles Below $70,000 As Key $69,500 Resistance Caps Upside Move

Bitcoin slipped back under $70,000 and is now trading below $68,800, with price action hovering near $68,400 and the 100‑hour simple moving average. After losing support at $69,200 and $69,500, the BTC/USD pair shows weakening upside momentum and could revisit $68,000 or lower if buyers fail to reclaim $69,500 resistance. A sustained move above $69,500 and $70,000 would be needed to open the door for a retest of higher levels.