Bitcoin $BTC 62,000 now 😶



Can you believe it?

RSI6 dropped to 26.87,

The last time this number was around September last year — at that time $BTC was below 50k.

Now the price is bouncing around near 62,200,

24-hour high of 65,094, low of 61,883.

What is really happening in the market 🤔?

🇬🇧 The Bank of England threw a heavy punch yesterday — setting a systemic stablecoin issuance cap at 40 billion pounds, with the proportion of UK government bonds in reserve assets increased from 60% to 70%. This is paving the way for compliant stablecoins, which could officially operate in the UK as early as 2027.

🏦 Deutsche Bank says there are three reasons for BTC dropping below 60k: hawkish Federal Reserve, ETF fund outflows, and AI like $SPCX drawing money away.

Expectations of two rate hikes by the Federal Reserve in 2026 are suppressing risk asset sentiment.

🇺🇸 The SEC delayed its tokenized stock plan last week. Michael Burry from "The Big Short" directly warned — using traditional compliance systems unsuitable for real-time settlement to tokenize the most liquid markets globally could trigger systemic risks. The market’s first reaction was surprisingly “relief.”

Back to the data 📊

Bollinger lower band at 61,600, EMA5 at 62,383, the price is just stuck in the middle. MACD -171 remains below zero, the bears haven't fully exited. But RSI6 at 26.87 is already severely oversold — a short-term rebound could happen at any time.

The 62,200 level is very delicate 🤔

Support is at 61,883, breaking below that is 61,600. Resistance is at 63,200; only if it breaks above that can a rebound continuation be discussed.

Do you think this is a bottoming opportunity or a consolidation during a downtrend?

👇 Share your thoughts in the comments
#0成本拿2股SK海力士
BTC-3.01%
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