Bitcoin: Dumps Below $64,000 Support
Bitcoin drops below $64,000, down 4.85% and erasing $60 billion market cap in three days as 4h chart shows bearish EMA and MACD death cross.
SourceAnalysis
Bitcoin has dumped below $64,000, sliding 4.85% and erasing $60 billion from its marketcap over the past three days per @BullTheoryio. BTC price action now sits at $64124.12 on the 4h chart, pressing against lower Bollinger support at $64398.8 while the EMA50 at $65022.52 caps any rebound and the EMA200 at $63794.76 offers thin floor beneath. MACD registers a clear death cross at -84.68, confirming bearish momentum even as RSI(14) at 35.92 hovers in neutral territory without oversold relief.
Bull Theory
@BullTheoryioResearch, Trades, onchain plays and all other crypto stuff simplified.Publishes institutional-grade cryptocurrency research and blockchain market intelligence. Delivers in-depth analysis of on-chain metrics, tokenomics, and decentralized finance (DeFi) ecosystems. Features proprietary data models, investment thesis breakdowns, and macro-level crypto trend forecasts. Provides strategic insights for sophisticated investors navigating digital asset markets. Maintains rigorous methodology in fundamental and technical analysis across crypto assets.
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