Bitcoin: Tests Two-Week Low at $62K

Bitcoin tests a two-week low near $62595.26 while tech stocks slide on Wall Street.

Price sits below the EMA50 at $63948.19 and the EMA200 at $68225.08, locking in a bearish trend structure that has held for the past six months. The MACD death cross at -308.63 keeps downside momentum intact, and the RSI at 37.31 shows no oversold relief yet. With price pressing the lower Bollinger Band support at $62442.76, any bounce attempt faces immediate resistance at the upper band of $65322.07 before the next leg lower materializes.