Bitcoin: Bear Market Structure Holds on Charts
Bitcoin at $75867.66 shows bearish EMA50 resistance at $77059.01 and MACD death cross, confirming macro downtrend despite U.S.-Iran noise.
SourceAnalysis
Bitcoin confirmed its macro bear market grip this week after holiday volatility from U.S.-Iran peace deal speculation fizzled into noise.
Traders who stuck to charts over headlines stayed positioned correctly as order flow and structure kept the downtrend intact, with any shift unlikely before Q3 or Q4.
With BTC at $75867.66 testing lower Bollinger support at $75819.03 while EMA50 resistance at $77059.01 and EMA200 at $77304.19 cap upside and MACD death cross at -172.23 reinforces bearish momentum alongside neutral RSI at 40.1, price action points to further intra-cycle weakness before relief.
This setup sharpens BTC price prediction models during the current crypto market crash phase and limits any AI industry impact on near-term flows.
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