Bitcoin: Liquidity Ping Pong Resumes
Bitcoin at $63435.89 resumes liquidity ping pong below EMA50 at $70083.55 with RSI at 26.41.
SourceAnalysis
Bitcoin resumes liquidity ping pong as BTC tests lower levels.
Price at $63435.89 remains locked in a bearish trend beneath the EMA50 at $70083.55 and EMA200 at $74885.58. The RSI(14) at 26.41 signals oversold conditions while the MACD death cross at -2412.07 reinforces downside pressure, with the pair now eyeing the Bollinger lower band at $61166.57 for the next liquidity sweep in BTC price prediction models amid crypto market crash risks.
Skew Δ
@52kskewFull time trader & analyst