Bitcoin: Hits New Low as STRC Token Collapses

Bitcoin prints a fresh low against the dollar as $STRC token continues its collapse, with volume expanding rapidly ahead of expected extreme moves over the next 24-48 hours.

Price action at $59163.38 tests the lower Bollinger Band support of $59205.32 while the EMA50 at $63003.39 and EMA200 at $67628.4 cap any recovery in a clear bearish structure confirmed by the MACD death cross at -902.07 and RSI at 30.74. A sustained break below current levels opens the path to sub-$52K, echoing prior support tests seen in the last twelve months, whereas a reclaim of $66K would flip momentum and revive altcoin participation.