Bitcoin Slips Further, $66,000 Support Under Threat Amid Market Caution
On Monday, March 30, 2026, BTC experienced a slight retreat, trading at $65,970, down 0.5% for the day. ETH mirrored this trend, trading at $1,983, also down 0.5%. Over the week, the decline reached 2.8%, indicating a gradual erosion rather than a sudden panic. Markets reopened after the weekend, but enthusiasm remained subdued. This moderate downturn is set against a backdrop of widespread caution. Investors are processing the latest economic news, particularly rising oil prices, which are reigniting inflation 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 existing rules. For traders, this Monday serves as a crucial test of resilience. The $66,000 threshold has now been breached to the downside, with the next psychological support level hovering around $65,000. Should this trend solidify, a deeper correction could be on the horizon. However, some analysts view this gradual decline as a buying opportunity for patient investors, especially if BTC’s long-term fundamentals remain robust.
