Bitcoin price struggled to climb above the $67,000 resistance zone. BTC remained in a bearish zone and started a fresh decline from the $66,868 high. There was a move below the $66,500 level.

Besides, there was a break below a connecting bullish trend line with support at $66,500 on the hourly chart of the BTC/USD pair. The pair traded below the 23.6% Fib retracement level of the upward move from the $65,075 swing low to the $66,868 high.

Bitcoin is now trading below $66,800 and the 100 hourly Simple moving average. It seems like the price might soon test the 50% Fib retracement level of the upward move from the $65,075 swing low to the $66,868 high.

On the upside, the price is facing resistance near the $66,500 level and the 100 hourly Simple moving average. The first major resistance could be $66,850. The next key resistance could be $67,000. A clear move above the $67,000 resistance might start a decent increase and send the price higher.