Bitcoin: Analyst Maps Six Stages on CME Futures Chart
Bitcoin at $76415.47 tests lower Bollinger support as @RhythmicAnalyst labels six CME futures stages including $76k breakout and retest.
SourceAnalysis
Bitcoin completed five of six labeled stages on the CME futures chart according to @RhythmicAnalyst, moving from the $60k bounce straight through the $76k breakout and gap fill before retesting that level.
Price now sits at $76415.47 inside the Bollinger Bands with the lower support at $76305.39 acting as immediate floor while the upper resistance rests at $79727.05. The 4h structure remains bearish as price trades below both EMA50 at $79007.87 and EMA200 at $77369.06, yet RSI at 29.9 flashes oversold and MACD at -845.06 confirms the death cross. This confluence points to a brief relief bounce off the retest zone before the sixth stage reversal can develop, keeping BTC price prediction models focused on the next weekly close.
Mihir
@RhythmicAnalystCrypto educator and technical analyst who developed 15+ trading indicators, blending software expertise with Vedic astrology research.