Bitcoin: STRC at $73 Pre-Market Flags Early Dip

Bitcoin price action looks set to repeat recent sessions with an early drop before the US open after $STRC printed a fresh low at $73 in pre-market trading.

Price currently sits at $59448.57 inside the Bollinger Bands with upper resistance at $63936.45 and lower support at $58586.17. The 50-EMA at $62436.1 and 200-EMA at $67297.16 both act as overhead resistance while MACD remains in death-cross territory at -987.72. With RSI at 35.96 showing neutral momentum, any test of the upper band will likely meet selling that pushes BTC back toward the 50-EMA support before the next leg higher.