Bitcoin: Fed Plans $16.97B Liquidity Injection

Bitcoin traders focus on the Fed's planned $16.97B Treasury reinvestment from mid-August into September that returns liquidity to markets.

BTC price prediction models now incorporate this inflow while the 4h chart reveals price at $63113.22 testing upper Bollinger resistance at $63453.69 with RSI at 42.89 remaining neutral and MACD printing a bullish golden cross despite the bearish structure above EMA50 at $63582.23 and EMA200 at $63674.64.

Traders watch for a healthy retracement toward the 50-EMA support before any continuation higher as volatility stays contained inside the bands.