Face a coin Bitcoin Growing pressure as macroeconomic forces continue to tighten their grip on markets. Price drop BTC against the dollar recently in the region $66,000recording a decline of 3.5% in the last 24 hours, while the bears await a possible decline towards the critical level at $64,000 If current levels fail to be maintained.
Risky assets hit hard after US president’s speech Donald Trump directed against the nation, which left the markets in a state of confusion rather than reassurance. Trump’s rhetoric on the conflict with Iran, his references to power plants, a two- or three-week war timetable, as well as his criticism of NATO, failed to provide the relief traders were hoping to price in.
The economic analysis platform indicated Kobeissi’s letter However, the speech did not bring anything new, saying: “Between threatening Iranian power plants, saying that the war in Iran will continue for another 2-3 weeks and criticizing NATO, there is nothing new.” »
Tonight’s situation is incredibly confusing.
In President Trump’s address to the nation just now, he actually read aloud many of his recent social media posts.
Between threatening Iranian power plants, claiming that the war in Iran would last another 2-3 weeks and calling on NATO,…– Kobeissi Letter (@KobeissiLetter) April 2, 2026
I registered Bitcoin Intraday lows were near $65,000 immediately following the news, posting daily losses of around 4% before recovering slightly. Gold and stock prices fell simultaneously, in a classic move of risk aversion.
Meanwhile, the US dollar looks to break new yearly highs, while oil prices strengthen due to the same geopolitical signals. Historically, this combination has been a hindrance for Bitcoin, with correlations between BTC and macro risk appetite increasing at the wrong time.
Will BTC price reach $66,000 or are new lows looming?
The technical table shows signs of deterioration; The Relative Strength Index (RSI) stabilizes at 45, which is a seemingly neutral level but in a downward trend. In contrast, the 50-day simple moving average (SMA) has compressed to $70,700, while the 200-day SMA is at $84,700. Although the daily chart has become a “strong sell” position, the RSI indicator still avoids areas of obvious oversold.
The immediate resistance following these movements is concentrated in the intermediate zone $67,000 and $69,000These are the ranges that deleted multiple recovery attempts. Bitcoin has rejected the $69,000 level at least once this week. Below current levels, the immediate target is $64,000, the lowest forecast for the current week, with a long-term trend line dating back to 2017 below this level, which could serve as a last support before any structural collapse.
A trader on TradingView summed up the situation clearly: “A lot of people are becoming negative towards Bitcoin, but I don’t think it’s time to be pessimistic. » It appears that conviction on both sides (bulls and bears) is currently low, and the relationship between oil and Bitcoin remains the deciding factor that could decide the trend.
Promising opportunities in infrastructure projects despite testing support
Even though the spot price of Bitcoin is trending downward, the infrastructure layer built on top of the network attracts capital that does not pay attention to short-term price movements. If the base layer of Bitcoin is a store of value, the race is now on to build the implementation layer.
The Bitcoin Hyper ($HYPER) project stands out at this intersection, as it is described as the first layer 2 of Bitcoin to integrate the Solana Virtual Machine (SVM). The project aims to offer higher processing speeds than Solana, while taking advantage of the strong security model of the Bitcoin network.
The pre-sale of the project managed to raise more than $32 million At the current price of $0.0136offering storage bonuses of up to 36% per year (APY). The core infrastructure includes a decentralized bridge for Bitcoin transfer and lightning-fast smart contract execution, aiming to address Bitcoin’s fundamental limitations: slow confirmation, high fees, and lack of software.
As macroeconomic fluctuations dampen strong currency returns, early-stage infrastructure projects offering real technical differentiation are beginning to attract investor interest.
For traders who want to learn more: you can search for the Bitcoin Hyper project here.
This article does not constitute financial advice. Digital assets are very volatile, so always do your own research before investing.
The post Bitcoin under pressure: will the price of BTC stay at $66,000? appeared first on Cryptonews Arabic.
