Bitcoin: Accelerates Toward $65K Monthly Support

Bitcoin accelerated lower in final hours with BTC price at $67575.8 while altcoins showed resilience and Ethereum gained versus Bitcoin.

Michaël van de Poppe noted daily RSI below 30 signals capitulation and accumulation zones, targeting $65-67K monthly support without expecting fresh lows.

Price action on the 4h chart shows BTC testing lower Bollinger support at $67843.7 beneath EMA50 resistance at $73307.59 and EMA200 at $76037.0, with RSI(14) at 17.02 confirming deep oversold conditions and MACD at -1494.33 locked in death cross; institutional desks view this confluence as exhaustion that often precedes relief bounces toward the 50-EMA before any sustained continuation lower.