Bitcoin: Drops 3.7% to $69,300 After Saylor Sale
Bitcoin falls 3.7% to $69,300 after Saylor sells; NEAR jumps 17% while RSI at 17.88 signals oversold conditions on the 4h chart.
SourceAnalysis
Bitcoin bleeds after Michael Saylor sells, falling another 3.7% to $69,300 as NEAR leads altcoin gains with a 17% surge and WLD adds 12%.
Price action tests the lower Bollinger support at $69205.38 while the 4h RSI(14) prints 17.88 in oversold territory and MACD confirms a death cross at -1186.41; the EMA50 at $73607.83 now acts as immediate resistance above current levels. Traders watching BTC price prediction models note the bearish trend structure could extend toward the EMA200 at $76129.74 before any relief rally materializes amid ongoing crypto market crash concerns.
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