Bitcoin: $300M Bid Liquidity Eyes $65k Push
Bitcoin holds $300M bid liquidity to $55k with thin asks to $65k at $61863.74 as 4h chart shows EMA50 resistance at $64018.75.
SourceAnalysis
Bitcoin faces $300M in native bid liquidity stacked down to $55k while ask liquidity stays razor thin up to $65k, according to @MI_Algos. Price currently trades at $61863.74 with minimal sentiment to drive an immediate advance.
Price action on the 4h chart sits inside Bollinger Bands with upper resistance at $64229.51 and lower support at $60703.42. The EMA50 at $64018.75 and EMA200 at $71269.44 both act as concrete resistance layers above spot while RSI at 45.79 remains neutral and MACD registers a bullish golden cross at -424.51. With price testing upper Bollinger resistance near $64229.51 while RSI stays mid-range, a healthy retracement toward the 50-EMA support at $64018.75 appears probable before any continuation attempt. BTC price prediction models and Bitcoin order book liquidity scans both point to the same near-term range.
Material Indicators
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