Glassnode: Bitcoin Neglected in Equity Rotation

Glassnode data shows consumer confidence hitting an all-time low even as equities post fresh highs, driving capital into stocks, the AI industry impact and commodities while BTC remains sidelined by the rotation.

With price at $63506.83 testing upper Bollinger resistance at $63415.21 while RSI sits neutral at 55.5 and MACD prints a bullish golden cross, a healthy retracement toward the EMA50 support at $63548.1 appears probable before any sustained continuation; the EMA200 at $63680.49 continues to act as overhead resistance in the prevailing bearish trend structure.