21:05 UTC
Downtrend, accelerating · RSI 24 · price 60,882.95
Lower highs, lower lows, fresh cycle low.
BTC is in a clear D1 downtrend that steepened over the past two weeks — the $70K shelf gave way in late May and $60K broke for the first time this cycle, printing a 2026 low near 59,100. The slide accelerated after Friday's blowout NFP (172K vs 85K) hardened the hawkish-Fed read and pushed risk assets lower; RSI(14) sits around 23, deeply oversold. Price remains well below a falling EMA(50), keeping the swing trend pointed down.
What it said to watch
- Sustained D1 close below 59,100 opens the path toward the 50,000 model floor
- US CPI Wed Jun 10 12:30 UTC is the next major catalyst for this read
- Reclaim of the 70,000 lost-support shelf would be the first sign of structural repair