Bitcoin: Analyst Questions Cycle Bottom

Bitcoin sits at $60375.54 inside its Bollinger band with upper resistance at $64306.61 while Ki Young Ju states he is not sure BTC has hit the cycle bottom. Price trades below the EMA50 at $62552.13 and far under the EMA200 at $67364.39, confirming the bearish trend structure. The MACD prints a clear death cross at -969.12, yet RSI(14) at 40.27 remains neutral and offers no oversold signal. With price testing upper Bollinger resistance at $64306.61 while the broader structure stays bearish, a healthy retracement toward the 50-EMA support at $62552.13 appears probable before any sustained move higher. This setup keeps BTC price prediction models cautious and reduces odds of an immediate crypto market crash reversal.