š $BTC Technical Breakdown: RSI Cooling, MACD Near Cross
Bitcoin is trading sideways, but under the hood, momentum is shifting. On the 4H chart, RSI is hovering near 52, showing a neutral stanceāneither overbought nor oversold. However, the MACD is narrowing in on a bearish crossover, suggesting potential downside pressure in the short term.
Price is testing the 50 EMA, acting as dynamic support. If bulls can defend this zone, a bounce toward $71K is possible. If not, expect a dip to the $66Kā$67K range.
Donāt rely on emotionārely on signals. Wait for confluence between indicators before taking a position.