Several indicators continued to reflect a weak setup. The relative strength index stayed near 41, which pointed to neutral momentum. The average directional index stood near 16, showing that the trend lacked strength. At the same time, the MACD and Awesome Oscillator remained in negative territory.
Moving averages painted a clearer picture. The 10-day, 50-day, 100-day, and 200-day exponential and simple moving averages all remained above the current price. That left trading below a broad resistance cluster, with short-term averages near $69,000 and longer-term averages much higher.
The three-day chart also showed a bearish flag pattern. That formation began after bitcoin dropped from around $90,000 in January to a February low near $60,393. A death cross also remained in place, with the 50-day EMA below the 200-day EMA. BTC also stayed below Supertrend indicators, keeping attention on $60,400 and then $50,000 if sellers push the price lower.