BTC: Bid Clusters Form at $65K and $60K

BTC faces relentless spot selling since $74K that analysts later tie to exits or de-risking, yet orderbook data shows the highest bid depth since the February $60K sweep.

Largest demand clusters sit near $65K and $60K, setting up localized exhaustion that could deliver near-term relief.

BTC trades at $67536.61 on the 4h chart inside a bearish structure with EMA50 at $73306.05 and EMA200 at $76036.61 acting as overhead resistance; RSI at 16.56 signals oversold conditions while MACD prints a death cross at -1497.46 and price tests the lower Bollinger band support at $67832.95, creating confluence where oversold momentum meets strong bid depth for a potential bounce before further downside.