BTC: Deutscher Flags Macro Downtrend at $64322

BTC sits at $64321.87 while Miles Deutscher refuses to turn bullish on the chart.

Deutscher sees room for a short-term swing bounce yet stresses the broader macro downtrend remains intact and demands caution on any BTC price prediction until structure flips.

Price action shows clear technical confluence on the 4h chart: trading below both EMA50 at $64849.75 and EMA200 at $69262.88 confirms the bearish trend, while the MACD death cross at 126.84 reinforces downside pressure. With RSI neutral at 43.17 and price pinned inside Bollinger Bands between $64028.22 support and $67407.56 resistance, any relief rally is likely to stall at the upper band before retesting the 50-EMA as resistance-turned-support.