Bitcoin: Fresh Capital Flows Confirm Bull Market
Ki Young Ju states fresh capital is flowing into Bitcoin, a dynamic that occurs only in bull markets, with BTC holding $83468.83 on the 4h chart amid EMA support and MACD bullish signals.
SourceAnalysis
Ki Young Ju notes fresh capital inflows into Bitcoin. This dynamic surfaces only in bull markets.
BTC trades at $83468.83 inside the Bollinger Bands on the 4h chart. The EMA50 at $82371.19 and EMA200 at $82077.06 act as stacked support while the MACD golden cross at 268.25 keeps trend strength intact. RSI at 61.92 shows room before overbought conditions. Price testing the upper band at $83529.32 often leads to a measured retracement to the EMA50 before continuation.
Ki Young Ju
@ki_young_juFounder & CEO of CryptoQuant.com