Technical Outlook: BTC Attempts to Stabilize, but Macro Trend Remains Bearish



Bitcoin is attempting to stabilize after defending the $61,800–$BTCsupport zone. Price has bounced from recent lows and is testing nearby resistance, while RSI has recovered toward the neutral level. However, BTC continues to trade below all major moving averages, keeping the higher-timeframe trend bearish until key resistance levels are reclaimed.

📈 EMA Structure (Bearish)

20 EMA: $62,121.81
50 EMA: $65,999.12
100 EMA: $69,790.61
200 EMA: $75,897.35
BTC is currently trading around the 20 EMA, indicating short-term buying interest is returning.

The 50 EMA, 100 EMA, and 200 EMA remain overhead and continue to act as strong dynamic resistance.
BTC0.28%
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