BTC BEARISH · 1d

In 3 lines

• Bitcoin has fallen nearly half from last year peak and now sits near 63,000 dollars, at the lower end of a 62,000-67,000 dollar box.
• The one-year average price line still sits far above, and at 64,300-65,000 dollars the 50-day average overlaps the highs of recent sessions.
• That overlap makes a rally into the band a place to sell, with the stop above 65,900 where the run of lower highs would finally break.