Bitcoin: Liquidity Sweep Precedes SEC Framework
Bitcoin at $63203.9 sweeps liquidity before SEC crypto framework release, with 4h chart showing bearish EMA50 at $64101.15 and MACD death cross.
SourceAnalysis
Bitcoin swept liquidity ahead of the SEC crypto framework announcement, positioning the market for volatility tomorrow according to @CryptoMichNL. Price sits at $63203.9 inside Bollinger Bands with upper resistance at $64438.63 and lower support at $63106.35; the bearish structure holds as EMA50 at $64101.15 and EMA200 at $63717.09 cap upside while MACD at -290.09 prints a death cross and RSI at 37.43 stays neutral, pointing to a likely probe of lower support before any recovery in this Bitcoin volatility forecast.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast