BTC price analysis: Bitcoin could crash another 50%

💡 DMK Insight

Bitcoin’s MACD rollover is a big deal, and here’s why: it signals potential weakness ahead. With BTC currently at $87,084.00, the shift in the monthly MACD suggests traders should brace for a possible pullback into the mid-$60,000s. This isn’t just a technical indicator; it aligns with on-chain data showing increased selling pressure. If we see a sustained drop below $80,000, that could trigger further selling, especially among retail traders who might panic. Keep an eye on volume trends as well; a spike in selling volume could confirm this bearish sentiment. But don’t ignore the flip side—if BTC manages to hold above $85,000 and bounce back, it could invalidate this bearish outlook. Watch for key resistance around $90,000; if it breaks through, we might see a renewed bullish trend. For now, monitor those MACD signals closely, as they could dictate short-term trading strategies.