Bitcoin: $37M Spoof Bid Detected at $60K

Bitcoin attracted a $37M spoof bid liquidity block at $60K according to FireCharts data from Material Indicators, an apparent attempt to lift price by exploiting thin weekend liquidity without genuine fill intent.

Price currently sits at $62834.45 inside a bullish structure with the EMA50 at $61220.19 acting as dynamic support while the EMA200 at $64592.57 caps upside; the MACD golden cross at 714.32 keeps momentum positive yet the RSI at 66.62 leaves room before overbought territory, so any push toward upper Bollinger resistance at $63559.65 could still face rejection and a healthy pullback to the 50-EMA before continuation.