Bitcoin’s price faces another rejection at the $68,000 level, marking a lower resistance point compared to its previous $73,000-$74,000 range. According to CoinGecko data, BTC has declined 1.7% over the last 24 hours and nearly 20% since March 2025. Analysts suggest the downturn may be linked to geopolitical instability and concerns over quantum computing, though a potential rebound to $78,567 is posited for early April 2026.
Bitcoin (BTC) is facing another price rejection, this time at the $68,000 price level, lower than the previous $73,000-$74,000 range rejection. According to CoinGecko data, BTC’s price has dipped 1.7% in the last 24 hours, 7% in the last week, 10.7% in the 14-day charts, 0.4% over the previous month, and 19.5% since March 2025.
This latest rejection could spell trouble for the original cryptocurrency, but a rebound could be near. Bitcoin’s latest price dip could be due to continued tensions in the Middle East, as the US-Iran conflict seems to have no end in sight. Investor confidence continues to dip as risky assets take a hit.
Another factor may have been a report on quantum computing potentially breaking BTC’s cryptographic security measures. According to the report, a future quantum computer could potentially break Bitcoin’s private keys in 9 minutes, a full minute less than BTC’s average block time. The development may have led to a dip in investor confidence.
Despite the correction, According to CoinCodex analysts, BTC could surge to $78,567 on April 8, 2026. Nonetheless, it is also possible that Bitcoin will continue its price dip over the next few weeks as the crypto market remains fragile. Market participants may not yet put funds into risky assets, and macroeconomic tensions continue to keep investors at bay.
