Bitcoin: Bearish Trend Signal Hits 65% Score

Material Indicators reported Thursday's Bitcoin daily candle closed roughly $400 above the 50-week SMA while triggering a fresh Trend Precognition 🔻 signal carrying a 65% probability score. FireCharts data showed a roof pull at $82k alongside $45M in plunge protection at $73k that appears unlikely to trigger. BTC currently trades at $75762.38 inside a bearish structure defined by the EMA50 at $78164.57 and EMA200 at $80635.46. Momentum sits neutral with RSI(14) at 37.42 while MACD prints a death cross at -592.22. Price remains inside the Bollinger Bands with upper resistance at $81549.37 and lower support at $74138.35. The 4h chart shows price testing lower Bollinger support near $74138.35 while the death cross and EMA50 overhead at $78164.57 reinforce downside pressure, suggesting a swift rejection from the upper band could accelerate toward the $73k protection zone before any sustained recovery.