- Entry
- $64,815.18
- Now
- $63,916.60 -1.4%
- Target
- —
- Score
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Been chewing on the BTC setup this weekend and it’s a mixed one. On paper it looks rough. Death cross confirmed, still \~12% under the 200-day, and the Coinbase premium’s been negative 60 days straight, a record. Counterweight is Armstrong calling $60K the floor, MACD ticking up, and a \~7% bounce off the June low. So not a clean short either. What kills it for me is volume. The bounce is running on maybe half the average, so there’s no …
— ORIGINAL POST ·
BTC’s got a death cross and a record 60 day negative Coinbase premium, but Armstrong’s calling $60K the bottom. My read: not yet.
· r/CryptoCurrency
· Jul 19, 2026