Bitcoin Falls Below $78,000, Crypto Legislation Expectations Weaken
📊 BTC — Piyasa Yorumu
▼ down · 55%BTC is at 77,543 and has shown a slight negative trend (-0.06%) over the past 24 hours. With an RSI of 39.6, it is in a weak momentum zone, and below the MACD signal line (40.8 vs 211.2), indicating a negative outlook. The price is below the SMA20 (78,315) but very close to the SMA50 (77,648); this area is critical short-term support. The weakening of the bill expectation in the news headline may increase regulatory uncertainty and support downward pressure. However, if the price holds above the SMA50, reaction buying could be seen; therefore, the direction is down but confidence is moderate.
📊 COIN — Piyasa Yorumu
▼ down · 60%COIN stock has risen 7.7% in the last 24 hours to reach $191.41, with its RSI at 65, approaching overbought territory. Bitcoin's drop below $78,000 and weakening expectations for crypto legislation are creating negative news flow for COIN. Although technical indicators currently show strong momentum, profit-taking may occur in the short term due to the news impact. The MACD is in positive territory and above the signal line, but this negative news could weaken momentum. A downward correction is more likely in the 1-3 day timeframe, but support levels (SMA20 and SMA50) should be monitored.