Bitcoin: Holds Flat as Nasdaq Drops Nearly 5%

Bitcoin stayed flat while the Nasdaq dropped nearly 5%, showing investors already price in deep value at these levels.

Over the past year BTC has repeatedly decoupled from equity selloffs, reinforcing its role as a macro hedge rather than a risk-on proxy. Current price action at $60716.2 sits inside the Bollinger Bands with the lower support at $59399.68 and upper resistance at $68111.8; the 50-EMA at $67789.97 and 200-EMA at $73948.43 continue to act as concrete overhead resistance in the prevailing bearish structure. Momentum remains stretched with RSI(14) at 25.8 in oversold territory and MACD printing a clear death cross at -2433.39, yet the refusal to follow Nasdaq lower suggests accumulation rather than capitulation. For any updated BTC price prediction this technical confluence points to a likely test of the lower band before any sustained recovery attempt.