Bitcoin: $89M Liquidity Block Eyes Support Test
Bitcoin $89M bid liquidity avoids fills on daily TF while binned CVD shows selling into rallies, signaling potential support test at $62702.05.
SourceAnalysis
Bitcoin displays deceptive order flow as an $89M block of native bid liquidity appears to chase price on higher timeframes yet avoids fills on the daily according to Material Indicators data, with all order classes selling into rallies via binned CVD.
Price at $62702.05 holds a bullish trend structure above the EMA50 at $62381.73 while trading inside Bollinger Bands and testing upper resistance near $64282.58; the MACD death cross at -10.72 combined with neutral RSI at 50.23 points to probable retracement toward that EMA50 support before continuation, informing precise BTC price prediction and Bitcoin support test scenarios for traders focused on order flow analysis.
Material Indicators
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