Bitcoin has erased every gain recorded since Trump’s reelection and then some, now trading at $60686.72.

Price sits deep below both the EMA50 at $66758.17 and the EMA200 at $73453.09, confirming a sustained bearish trend structure. Momentum shows RSI(14) at 27.45 in oversold territory while the MACD registers a bullish golden cross at -2146.83, hinting at short-term relief. With price inside the Bollinger Bands and pressing the lower support near $59007.68, any bounce is likely capped by upper resistance at $66140.6 before fresh downside tests resume. Traders watching BTC price prediction models now factor this technical confluence into revised crypto market crash scenarios.