Bitcoin: Holds Support After Heavy Long Liquidations

Bitcoin absorbed the heaviest long-side liquidations in three months yet closed the week session only 1% lower, while altcoins posted significantly stronger gains and price action defended the $75,000-$76,000 zone highlighted by @CryptoMichNL.

With BTC trading inside the Bollinger Bands and testing the lower band support near $76238.94, the neutral RSI at 37.12 combined with a MACD golden cross at -729.24 signals building bullish momentum that could drive a swift retest of the EMA200 at $77366.32 before any sustained move higher, especially as oil and Japanese yields continue to dictate broader risk appetite.