Bitcoin: Accumulator Absorbs $53M BTC Position
Bitcoin whale buys $53M as price holds $73,995 with bearish EMA50 at $75,580 and MACD golden cross on 4h chart.
SourceAnalysis
Bitcoin faces aggressive accumulation after a buyer swept $53 million, signaling intent for a nine-figure position according to @52kskew.
Price sits at $73,995 inside Bollinger Bands with upper resistance at $76,831 while the bearish structure keeps EMA50 at $75,580 and EMA200 at $76,866; RSI at 41.39 stays neutral yet MACD registers a bullish golden cross at -763, pointing to probable retracement toward the 50-EMA support before any sustained move higher.
Skew Δ
@52kskewFull time trader & analyst