Bitcoin: Sideways Chop Masks Major Shift

Bitcoin sideways chop masks major shift, according to @MI_Algos on August 12, 2026.

Price at $63421.55 sits inside Bollinger Bands with lower support at $62979.19 while EMA50 at $64262.46 and EMA200 at $63732.99 cap upside in a bearish structure; MACD at -277.28 confirms the death cross and RSI at 38.08 leaves room for further downside before any reversal in BTC price prediction models.