Bitcoin: Slides Under $77K With $672M Liquidations
Bitcoin drops to $77268.1 as $672M crypto liquidations hit amid bond sell-off, bearish EMA and MACD signals on 4h chart.
SourceAnalysis
Bitcoin slid under $77K to $77268.1 while crypto liquidations topped $672M during a sharp bond sell-off.
Traders watched BTC test the lower Bollinger Band near $76396.67 as the MACD death cross at -745.42 confirmed bearish momentum and price sat below both the EMA50 at $79223.99 and EMA200 at $77382.24. RSI at 35.27 remains neutral yet hints at further downside before any bounce.
This move echoes the past six months of volatility and fuels fresh BTC price prediction searches plus crypto market crash concerns as Bitcoin liquidations surge.
Decrypt
@DecryptMediaDelivers cutting-edge news and educational content on cryptocurrency, decentralized finance, and Web3 innovations for a global audience of blockchain enthusiasts.