Bitcoin: Nearing Quarterly Open on Daily Chart
Bitcoin at $67513.52 nears quarterly open with POC support below on 1D chart amid oversold 4h conditions.
SourceAnalysis
Bitcoin price approaches the quarterly open on the daily timeframe, with volume profile POC positioned below as key support.
Technical confluence on the 4h chart reveals BTC trading at $67513.52 inside a bearish structure beneath EMA50 resistance at $73549.51 and EMA200 at $76114.94, RSI(14) at 14.25 marking oversold territory while MACD prints a death cross at -1305.02 and price tests lower Bollinger support near $68754.01.
Skew Δ
@52kskewFull time trader & analyst