Bitcoin Slides Further, $66,000 Level Under Threat
On Monday, March 30, 2026, BTC saw a slight retreat, trading at $65,970, down 0.5% for the day. ETH followed the trend, trading at $1,983, also losing 0.5%. Over the week, the decline reached 2.8%, a figure reflecting slow erosion rather than panic. Markets reopened after the weekend, but enthusiasm was notably absent. This moderate decline is part of a broader cautious sentiment. Investors are digesting the latest economic news, particularly a rise in oil prices that reignites inflationary fears. U.S. equity markets are experiencing a slight pullback, and BTC, consistently correlated with risk assets, is facing similar pressure. Furthermore, concerns persist regarding crypto regulation in Europe, where new discussions on the MiCA framework could tighten rules. For traders, this Monday represents a test of resistance. The $66,000 threshold has now been breached downwards, with the next psychological support level around $65,000. If this trend confirms, a deeper correction is possible. However, some analysts view this gradual decline as a buying opportunity for patient investors, especially if BTC’s long-term fundamentals remain strong.
