Bitcoin: Tests February Lows as Options Data Emerges

Bitcoin tests the February lows at $62405.79 where the EMA50 resistance level of $64336.57 caps upside while the MACD death cross at -647.54 keeps momentum bearish; options data shows compressed positioning and subdued volatility that leaves sentiment fragile beneath the surface as price trades inside the Bollinger band between $67278.2 upper resistance and $61686.07 lower support.