Bitcoin: Rolls Over to Mid-$76Ks as Demand Fades
Bitcoin slips to $76,137 with RSI at 28.44 oversold after rolling over from above $82K as ETF flows and spot demand weaken.
SourceAnalysis
BTC rolled over from a local peak above $82,000 into the mid-$76,000s as spot demand, ETF flows and speculative positioning all weaken.
Long-term holder strength still anchors the market. On the 4-hour chart BTC trades at $76,137.02 and tests the lower Bollinger Band support at $76,237.41 while RSI(14) prints 28.44 in oversold territory; the MACD death cross at -828.5 keeps the structure bearish with the EMA50 at $79,102.93 capping any bounce.
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