Bitcoin: Selloff Accelerates as Warnings Materialize

Bitcoin selloff gathers pace after red signals emerged a week earlier, exactly as @CoinDesk flagged in its Daybook report on rising USDT and USDC dominance.

Price trades at $68241.56 beneath EMA50 resistance of $73578.07 and EMA200 at $76122.19, while RSI(14) at 15.82 marks deep oversold territory and MACD death cross at -1246.95 locks in bearish momentum; with price testing lower Bollinger support near $68985.62 against upper resistance at $76043.29, exhaustion favors a brief relief bounce before continuation lower. This setup reshapes BTC price prediction models, fuels crypto market crash narratives, and highlights AI industry impact on risk-asset rotation into dollars.