Bitcoin: Trader Questions $30K Drop Probability
Bitcoin at $62730.72 draws trader query on $30K odds as 4h chart shows bearish EMA50 at $63662 and MACD death cross.
SourceAnalysis
Bitcoin trader @godbole17 publicly questions the probability of BTC falling to $30,000, reviving BTC price prediction debates around historical $30K support levels.
Price action at $62730.72 sits inside Bollinger Bands with upper resistance at $63742.92 while the 4h structure remains bearish as EMA50 holds at $63662.41 and EMA200 at $63706.04; RSI at 41.76 offers neutral momentum yet MACD at -291.11 confirms the death cross, pointing to a likely test of lower band support near $62333 before any reversal attempt.
Omkar Godbole, MMS Finance, CMT
@godbole17Staff of MMS Finance.
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