Bitcoin: Analyst Consensus Leans Bearish
Bitcoin analyst consensus leans bearish with BTC at $63480 showing bearish EMA50 at $64193 and MACD death cross on 4h chart.
SourceAnalysis
Bitcoin analyst consensus currently leans bearish.
BTC trades at $63480 below the EMA50 resistance at $64193.19 inside a bearish trend structure with EMA200 at $68754.33. The MACD death cross at -497.28 confirms downside momentum while RSI at 45.45 stays neutral. Price remains trapped inside the Bollinger band between lower support at $61640.56 and upper resistance at $66229.62, setting up a likely test of the 50-EMA before any continuation.
Ki Young Ju
@ki_young_juFounder & CEO of CryptoQuant.com