Bitcoin: Dan Held Flags Maximum Pain Path
Bitcoin at $62461.81 as Dan Held highlights maximum pain path, with bearish EMA50 at $63942.95 and MACD death cross pressuring HODLers.
SourceAnalysis
Bitcoin selloff continues as Dan Held declares the path of maximum pain, where survivors claim the HODLer title amid ongoing pressure. Price sits at $62461.81 inside the Bollinger band with lower support at $62409.97, while the bearish EMA50 at $63942.95 and EMA200 at $68223.75 act as concrete resistance; the MACD death cross at -319.27 combined with RSI at 35.56 signals exhaustion that favors a test of lower volatility bands before any rebound. This setup reinforces BTC price prediction models focused on crypto market crash resilience and the proven Bitcoin HODL strategy through cycles of maximum pain.
Dan Held
@danheldBitcoin DeFi investor and Asymmetric GP, advising major Web3 projects, with executive experience at Kraken, Uber, and Blockchain.