Bitcoin: $60K Sweep Exposes Net Short Bias

Bitcoin briefly swept $60K and cleared bid liquidity across exchanges, with repeatable EU-US session selling showing clear net short positioning in perps rather than the usual mixed bias, according to trader @52kskew.

Key levels remain $60K (below with sell volume signals new low) and $62K (above triggers short unwinding and relief).

Price action at $60455 sits inside Bollinger Bands with lower support at $60041.63, while the bearish EMA50 at $68366.42 and EMA200 at $74195.51 act as distant resistance; the oversold RSI(14) at 21.19 combined with MACD death cross at -2483.53 suggests any bounce may stall before testing those higher EMAs, shaping near-term BTC price prediction and Bitcoin support levels amid elevated crypto derivatives positioning.