Bitcoin: Traders Forecast New 2026 Lows After Sell-Off
Bitcoin at $65882.93 eyes fresh 2026 lows as bearish EMA structure and MACD death cross dominate 4h chart amid oversold RSI conditions.
SourceAnalysis
Bitcoin faces fresh pressure to print new 2026 lows after the latest sell-off, according to trader forecasts shared by CNBC.
Price currently trades at $65882.93 beneath both the EMA50 at $71838.75 and EMA200 at $75519.93, locking in a clear bearish trend structure that has held for the past six months. With the MACD locked in a death cross at -2017.99 and RSI(14) at 21.98, momentum remains firmly negative even as the market sits inside the Bollinger Bands between $64003.05 support and $75803.72 resistance. This technical confluence points to exhaustion near the lower band before any relief rally can develop, reinforcing downside BTC price prediction scenarios into the summer.
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