Latest Update
8/29/2026 9:59:00 AM

Bitcoin: Liquidity Sweep Defines Next Move

Bitcoin: Liquidity Sweep Defines Next Move

Bitcoin at $77705.37 eyes $78000 reclaim or $76000 test as @CryptoMichNL maps two paths amid neutral RSI and MACD death cross.

Source

Analysis

Bitcoin faces a clear liquidity sweep at current levels according to trader @CryptoMichNL, with two distinct paths ahead that will shape BTC price prediction and altcoin momentum recovery.

Price sits at $77705.37 inside the Bollinger band between $76962.11 support and $80678.25 resistance while the EMA50 at $76884.32 and EMA200 at $70106.07 keep the broader structure bullish. The MACD death cross at 5.36 signals short-term weakness even as RSI at 44.43 stays neutral, creating a classic setup where a push above $78000 would confirm the sweep and restore market confidence or a deeper probe toward $76000 would mark the ultimate entry zone for both Bitcoin and altcoins.


Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast