Bitcoin: 60% Chance Dips Below $75,000 by Month End
Bitcoin holds 60% odds of falling below $75,000 by May end per Polymarket, trading at $78,256 amid bearish 4h signals.
SourceAnalysis
Bitcoin now carries a 60% probability of closing below $75,000 by month-end on Polymarket odds.
BTC price action at $78,256.48 shows a bearish structure where the EMA50 at $79,953.81 caps upside while the EMA200 at $77,299.51 offers dynamic support. The MACD death cross at -590.81 confirms momentum loss, and the neutral RSI at 35.84 leaves room for further downside before oversold conditions emerge. Price remains inside the Bollinger Bands, with the upper band at $81,786 acting as short-term resistance that could trigger a swift retracement toward the lower band near $77,416.
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