Bitcoin Tests Crucial Resistance at $66.2K to $66.8K

Bitcoin's recent recovery has pushed it toward an important resistance zone at $66.2K to $66.8K.

The asset is currently trading beneath its declining 100-day and 200-day moving averages, which reinforce the broader bearish structure.

A breakout above the current resistance would be a sign that buyers are regaining control and could pave the way for a move toward $72K to $74K.

The 4-hour chart shows that buyers have staged a strong recovery from the $61.8K to $62.3K demand zone, pushing Bitcoin back into the immediate resistance area around $64.8K to $65.4K.