Bitcoin: Mich Flags $75K Sweep Below $77.2K

Michaël van de Poppe noted a minor sweep across Bitcoin and altcoin markets that leaves the broader setup unchanged, with price now stuck in the middle of the range and a higher probability of upside than fresh lows.

The trader added that a break below $77,200 would open the door to the next obvious liquidity sweep at $75,000, yet he stands ready to bid any such dip.

Price at $77,739.94 sits below the EMA50 at $79,242.19 and the EMA200 at $81,149.10, confirming the bearish trend structure, while the MACD golden cross at -533.81 hints at building momentum. With the market trading inside the Bollinger Bands and RSI at a neutral 41.27, the upper band resistance near $79,404.70 and lower support at $76,276.82 frame the immediate range; a test of that upper band while momentum remains contained often precedes a retracement toward the EMA50 before any sustained continuation.