Recently, the price of Bitcoin has dropped below $75,000. From a technical analysis perspective, which key indicators can explain this price plunge? For instance, what changes did the moving average, relative strength index (RSI), and Bollinger Bands experience before and after the price decline?

Stay informed with our in-depth analysis on Bitcoin's recent price movements. Learn how key indicators like moving averages, RSI, and Bollinger Bands are influencing the market. Dive into technical analysis to understand the dynamics behind this price drop.