Bitcoin: Falls Below $59K on 4H Bearish Signals

Bitcoin slipped back under $59K to $59432.26 as sellers defended the lower Bollinger Band at $59274.33.

Price sits well below both the EMA50 at $63013.93 and EMA200 at $67631.07, locking in the bearish trend structure while the MACD death cross at -880.62 keeps momentum negative. RSI at 31.7 remains neutral yet shows no sign of bullish divergence, leaving the next decisive move dependent on whether buyers can reclaim the $65545.92 upper band. Traders watching BTC price prediction models now focus on the risk of a swift extension toward the lower band support before any relief rally materializes.