Bitcoin: 48-Hour Support Test After FOMC

Bitcoin faces a decisive 48-hour hold test at current levels, warns trader Michaël van de Poppe, or risk sweeping weekend lows if buying power fails to emerge.

Post-FOMC yield corrections and falling oil prices leave STRC as the dominant driver behind the pullback. On the 4h chart, price at $64435.26 sits below EMA50 resistance at $64804.43 and well under EMA200 at $69157.87, confirming the bearish structure while MACD at -56.93 prints a death cross; with price pressing the upper Bollinger band at $67357.17 and RSI neutral at 44.59, a swift rejection toward lower band support at $63867.12 appears the highest-probability path before any sustained recovery.