19:05 UTC
Downtrend, base forming · RSI 40 · price 64,590.87
Lower highs off Q4 peak, recent range.
Macro regime is a downtrend since the Q4 2025 peak near 126k, with price more than halving to below 60k. The last eight weeks have consolidated in a 59k-67k band and price sits well below a falling W1 EMA(50), keeping the broader structure bearish. With no crypto-native catalyst, BTC is tracking macro/risk into next week's Fed decision.
What it said to watch
- Weekly close below 59000 swing low confirms downtrend continuation
- Weekly close above 67000 prior high breaks the recent range
- FOMC Jul 29 18:00 UTC is the dominant risk for risk-sentiment and could shift this read