Bitcoin dipped below $87,000 as the Coinbase Premium hit 12-month lows, signalling weak US demand and with technicals hinting at a $66,000 BTC price target. Bitcoin (BTC) extended its weakness into the low-liquidity weekend trading session, with BTC slipping to a five-week low of $86,000 on Sunday. The cryptocurrency could potentially retest its macro low of $66,000 over the coming weeks, a key support level from November 2024. Key takeaways: Bitcoin dropped below $87,000 on Sunday as its momentum weakened. Read more