Bitcoin Price Forecast as Biden Administration Plans Bitcoin Strategy Meeting Can BTC Rise to Previous Highs

The current price of Bitcoin hovers at approximately $66,400, with a key support level being tested at $66,243. The digital currency is encountering a crucial pivot point at $67,000, indicating a bearish outlook for Bitcoin’s price.
Furthermore, there are additional resistance levels at $67,530 (50-Day EMA), $68,485, and $70,000. If the support at $66,243 breaks, the next support levels to watch are $64,992, $63,948, and $62,981.