Bitcoin’s 4H and 1D charts have become a graveyard of failed momentum. What was once a battle for 105,800 has turned into a slow slide, with price settling at 103,012.60 USDC. The once-promising RSI has slumped below 50, exposing a market caught in indecision. MACD, which once fought for positive territory, is now deeply negative, bleeding out with every weak attempt at recovery. The Stochastic RSI is buried, barely showing signs of life, while the OBV has drifted downward, a ghostly trail of fading interest.
Volume has become the cruelest truth-teller here. While price tries to claw its way back, the volume has withered. The Bollinger Bands, which previously hinted at rising volatility, are now a reminder of failed breakouts. Price dances between them, more lost than driven.
The initial line in the sand at 105,800 is a distant memory. Bulls couldn’t even sustain a meaningful push, and now the natural fallback—100,000—is dangerously close. This isn’t a bullish market taking a break. This is a market trying to breathe underwater.
Traders are left staring at a slow-motion train wreck. Every bounce is a faint heartbeat, but without real volume, it’s nothing but reflex. What was once a battle for 105,800 has devolved into a struggle to avoid complete collapse. This is what a dying rally looks like—buyers fading, sellers not even needing to push. Bitcoin isn’t crashing—it’s withering.
