Bitcoin: Narrowing Range Precedes Fake Move

Bitcoin price action is compressing into a tighter range as volatility contracts, according to Michaël van de Poppe, setting the stage for a potential fake move before the next decisive breakout. On the 4h chart BTC trades at $81675.32 inside the Bollinger Bands with upper resistance at $82645.63 and lower support at $80952.45, while the EMA50 at $82402.79 and EMA200 at $82110.72 define the bearish trend structure overhead; RSI at 46.05 remains neutral yet the MACD golden cross at -251.76 signals building momentum that could first test the upper band before any retracement to the 50-EMA confluence.