Bitcoin holds near $75,900, market cap drops 4.7%
- —BTC is above the daily EMA50 ($73,581) and EMA200 ($72,042), but below the EMA20 ($76,891)
- —Daily RSI14 — 49.26, MACD histogram turned negative (-797.41)
- —On the hourly chart, the price is below all three EMAs, RSI14 — 42.46
- —Daily ATR14 — $2,163.62, indicating elevated volatility
Why it matters: The daily trend is not yet broken, but hourly indicators and the 4.7% market drop pressure buyers; key levels are $75,552 and $76,891.
Source: Cryptonews.net