Bitcoin: No Trade Triggered on Monthly Pattern
Bitcoin at $73969.74 shows bearish EMAs yet MACD golden cross as trader holds long bias into June with no weekend triggers.
SourceAnalysis
Bitcoin trade stays flat per @CryptoMichNL as final-week downside gives way to early-month upside, with no setups triggered amid thin weekend flows and price sitting at $73969.74 inside Bollinger Bands where the upper resistance at $74253.38 caps moves while the EMA50 resistance at $74948.18 and EMA200 at $76589.51 define the bearish structure; RSI at 45.58 stays neutral and the MACD golden cross at -307.96 hints at building momentum, supporting a BTC price prediction that favors longs after any early-month sweep in standard Bitcoin trading strategy around crypto market patterns.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast