Bitcoin: Coinbase Leads Institutional Sell-Off

Coinbase leads the BTC sell-off through institutional exits at $65008.45 while price sits below EMA50 resistance at $71556.19 and EMA200 at $75421.18 in a confirmed bearish trend. RSI(14) at 19.71 signals oversold conditions inside the Bollinger band with lower support at $63391.92, and MACD death cross at -2121.78 reinforces downside momentum. This setup aligns with BTC price prediction models tracking institutional flows and raises crypto market crash risks if volume accelerates through the lower band. Historical moves over the past six months show similar oversold RSI readings preceded sharp rebounds only after testing the 50-EMA confluence zone.