Bitcoin Trades Below Daily Pivot ($76,082.17): Structure Favors S1 ($75,863.63)
Bitcoin is trading below its 50-period EMA ($77,963.29) and the daily floor pivot ($76,082.17), with 1H RSI reading 34.4. Structure favors a move toward S1 ($75,863.63) while price stays below R1 ($76,380.53).
- 1H RSI (14) currently reads 34.4.
- Spot is below the 50-period EMA ($77,963.29).
- Daily floor pivot computed from the prior completed session: $76,082.17.