Bitcoin: Range Deviation Signals $71K Liquidity Retrace

Bitcoin has confirmed a deviation above range highs before snapping back inside the established trading zone, aligning with the prior Sunday analysis from trader CrypNuevo. The most probable path now points to a retrace toward the $71k liquidity pool, while a retest and rejection near $79k remains on the table after two months of range-bound price action.

Price action on the 4h chart shows BTC at $76478.74 trading inside Bollinger Bands with upper resistance at $78897.98, while the EMA50 at $78629.14 and EMA200 at $77358.9 define clear overhead resistance in the ongoing bearish trend structure. The MACD at -735.45 confirms a death cross, yet neutral RSI at 35.38 leaves room for a measured pullback to the lower band support near $76107.5 before any continuation attempt, consistent with institutional flows observed across the past six months of consolidation.