BTC Loses Support

Bitcoin price continues to extend its losses, falling below the $65,000 threshold. According to the latest data, Bitcoin formed a local bottom at $61,255. This decline has caused it to trade below the 100-hour simple moving average. Technical indicators suggest that downside risks persist, leading to deepening selling pressure. When and how Bitcoin will reverse this downtrend has become a closely watched topic for investors. This is not investment advice.

📊 BTC — Piyasa Yorumu

▼ down · 65%

BTC is trading at $62,758, down 2.3% in the last 24 hours. The RSI is at 38, approaching the oversold territory, while the MACD remains negative below the signal line. The price has fallen below the 20-day SMA ($63,449) and the 50-day SMA ($64,746), indicating short-term weakness. The headline 'BTC Loses Support' confirms the current technical weakness. In the short term, the downtrend is likely to continue, but a sharp rebound is not expected as the asset has not yet entered the oversold zone.

RSI 14

38.2

MACD

-443.68

24h Δ

-2.34%

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