Bitcoin Daily Analysis: Bitcoin Below All Daily EMAs at $60.5K
Market Overview Bitcoin is currently trading at $60,469.90, sitting in a structurally weakened position as price trades well below all major daily EMAs — the EMA7 at $61,361, EMA20 at $63,503, EMA50 at $67,550, and the EMA200 at $76,938. The daily Bollinger Band midline at $63,097 is acting as overhead resistance, with price hugging the…
