Bitcoin: MI_Algos Flags Never-Before-Seen Setup

Material Indicators @MI_Algos posted that after tracking Bitcoin since 2017 he has never seen the current setup.

Bitcoin trades at $81356.91 inside a bearish structure where the EMA50 at $82484.01 and EMA200 at $82123.44 both sit above price and function as resistance. RSI(14) at 40.04 remains neutral while the MACD death cross at 2.02 confirms trend weakness. Price rests inside the Bollinger Bands with the upper band at $84545.34 offering short-term resistance and the lower band at $80614.81 marking immediate support; any test of the upper band would likely exhaust volatility and pull price back toward the 50-EMA before further downside continuation.