Bitcoin Self-Custody Shift Faces 'Dark Day' Amid Regulatory Pressure
A warning has been issued by AltcoinDaily regarding Bitcoin's self-custody shift. In a July 31, 2026 post, they highlighted urgent developments around the Crypto Clarity Act and rising 30-year yields. This has led to a bearish structure in BTC price action.
The current price of BTC is $62,914.59, trading inside the Bollinger Bands with lower support at $62,770.52. The EMA50 is at $64,247.95 and the EMA200 is at $63,903.97, capping upside.
The MACD death cross at -296.02 and RSI at 36.53 confirm momentum weakness, which aligns with broader macro pressure from yields and regulatory shifts.