Bitcoin dips under $66K as oil sparks 'unsustainable' US inflation risk

What: Bitcoin dipped below $66,000 as the price of oil sparked concerns of unsustainable US inflation.
Why: Oil-supply nerves and major US inflation warnings triggered a risk-asset rout, impacting Bitcoin.
Signal: The $70,000 price mark has become a new resistance level for Bitcoin.
Target: Investors are now focusing on the $65,000 to $68,000 range as a key support zone for Bitcoin.
Risk: The US inflation risk poses a significant threat to global markets, including Bitcoin.