Bitcoin: FOMC Correction Sparks Low Sweep Warning

Bitcoin faces downside pressure after the post-FOMC correction, driven by disappointing $GOOGL earnings that weighed on broader indices rather than crypto-specific factors, according to @CryptoMichNL. The trader highlights absent bullish confirmation this week despite minor upward pushes that failed to convert resistance into support. Bitcoin at $80111.97 sits below the EMA50 at $80978.45 and EMA200 at $81681.58 in a bearish structure confirmed by the MACD death cross at -117.64, while neutral RSI at 44.52 leaves room for a sweep of recent lows toward the lower Bollinger band at $79335.57 before any sustained recovery.