Foot Guns - Bitcoin Cheat Sheet (07/16/2026)
“Profit-taking after bitcoin’s $65,500 monthly high combined with fresh Iranian strikes on U.S. bases sent crypto lower, with bears leading price action across most tokens.”
📊 BTC MARKET SNAPSHOT
• BTC: $63,918 (−1.2%) | RSI 60.3 | SMA20 $62,455 | SMA50 $63,904
• MACDh: +405 (positive) | Bollinger: $58,686–$66,224
• Read: Sitting right on SMA50, holding above SMA20. MACDh still positive but price softening after monthly high at $65,500. Mid-band BB — no breakout imminent.
• DXY: 100.60 (+0.10%) | 10Y: 4.59% (+0.95%) | S&P 500:…
