Bitcoin: STRC Depeg Pushes Price to 200-Week MA

Bitcoin fell more than 20% over recent weeks to the 200-week MA after the STRC depeg, a pattern that repeats regularly and requires no panic per @CryptoMichNL. The 4h chart reveals price at $63745.9 locked in a bearish trend below EMA50 support at $70095.71 and EMA200 resistance at $74888.66, with MACD at -2387.34 locking in the death cross while RSI at 27.27 flashes oversold exhaustion inside the Bollinger bands, targeting lower support at $61220.39 before any relief bounce.