Bitcoin: Drops Below $63,000
Bitcoin falls below $63,000 at $62,786 with bearish EMA structure and RSI at 15.36 on 4h chart.
SourceAnalysis
Bitcoin drops below $63,000 to $62,786.1 as BTC tests lower Bollinger support at $62,322.
Price sits beneath EMA50 at $71,180 and EMA200 at $75,296 in a confirmed bearish trend while MACD prints a death cross at -2,384. With RSI(14) at 15.36 flashing oversold inside the bands, the next move likely targets a bounce off $62,322 before any relief rally. Traders now watch for crypto market crash continuation signals and fresh BTC price prediction updates.
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