BTC/USD outlook: Falls to three-week low on US tariff uncertainty
|BTC/USD
Bitcoin remains in red and holding above new three-week low on Monday, deflated by growing uncertainty over US tariffs.
Fresh extension lower cracked important supports at 65.5/65K zone (higher base) but need to register a clear break lower to validate developing negative signal and open way for retest of key 60K support zone (psychological / Feb 6 spike low, the lowest since Oc1 2024).
Firmly bearish daily technical studies support the notion, with falling 10DMA (67800) to cap upticks and keep intact upper breakpoint at 70K.
Res: 67450; 67800; 68700; 70000.
Sup: 65800; 65000; 64120; 62060.
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