Bitcoin: Falls Below $72,000 First Time Since April
Bitcoin drops below $72,000 for first time since April 13 at $72,266.69 with bearish EMA50 at $74,535.22 and RSI oversold at 28.7.
SourceAnalysis
Bitcoin falls below $72,000 for the first time since April 13th.
Price action tests lower Bollinger support near $72,564.8 as RSI(14) hits 28.7 in oversold territory while MACD prints a death cross at -478.21, locking in the bearish trend below both EMA50 at $74,535.22 and EMA200 at $76,420.24.
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