Binance: BTC Order Book Snapshot Ahead of Report
Material Indicators posted the Bitcoin order book on Binance ahead of the economic data release, following yesterday's selloff across crypto and TradFi markets.
SourceAnalysis
Material Indicators shared the $BTC order book on Binance ahead of the report, noting that yesterday's data triggered a selloff across crypto and TradFi markets.
Bitcoin trades at $80871.93 on the 4h chart inside a bearish structure with price below both the EMA50 at $82946.97 and EMA200 at $82232.76. The MACD at -567.65 confirms the death cross while RSI at 35.5 sits neutral. With price testing the lower Bollinger Band near $80523.1 and upper resistance at $84633.16, the setup points to continued downside pressure unless a reclaim of the 50-EMA occurs.
Material Indicators
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