Bitcoin slips below every short-term moving average as bears keep control
- —24-hour range of $79,710–$81,823 against a daily ATR of $1,795
- —RSI at 42.12; stochastic %K at 13.48 signals oversold conditions
- —Binance open interest at $7.67 billion, down 1.57% in 24 hours
- —Martinez: a break above $84,500 opens the way to $92,000 and $104,000
Why it matters: With price below every short-term average, rallies face resistance at $81,800–$84,500, and a daily close under $78,393 would invalidate the recovery case.
Source: Blockchain.News