21:05 UTC
Downtrend, bounce stalling · RSI 45 · price 61,273.52
Lower highs and lower lows, basing above 2026 low.
BTC remains in a clear H4 downtrend, breaking the $60K psych level to print a 2026 low at $59,137 amid ETF outflows and a hawkish-Fed repricing after the blowout NFP. The bounce off that low stalled into $62,931 and is fading back toward the $60K pivot, with price below both EMA20 and EMA50. ATR(14) is elevated, consistent with an extending trend rather than compression.
What it said to watch
- H4 close below 59,137 confirms a lower-low and opens the path toward 50K
- Reclaim of 62,931 needed to ease downside pressure toward the 64,601 swing high
- US CPI Wed 12:30 UTC could materially shift this read