Bitcoin: Long-Term Holders Join Sell-Off
Bitcoin long-term holders sell at $65244.28, signaling crypto slump end per Compass Point as RSI hits 20.3 oversold.
SourceAnalysis
Bitcoin long-term holders have joined the sell-off, which could mark the end of the ongoing crypto slump according to Compass Point, with BTC now at $65244.28 inside a bearish trend where EMA50 at $71565.44 and EMA200 at $75423.53 act as firm resistance while RSI(14) at 20.3 flashes oversold and MACD registers a death cross at -2102.97; price sits inside the Bollinger Bands testing lower support at $63439.3, creating technical confluence that often precedes short-term bounces before any sustained recovery in BTC price prediction models during this crypto market crash phase.
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