Bitcoin: Skew Requires VWAP Hold for Upside

Bitcoin needs daily VWAP held and bought by both passive and market participants to reach higher levels organically, states trader Skew. BTC currently sits at $73956.96 inside a bearish trend structure with price below the EMA50 at $75578.88 and EMA200 at $76865.8. Momentum shows RSI(14) at 40.9 while MACD registers a bullish golden cross at -766.67, and price trades inside the Bollinger Bands with upper resistance at $76831.04 and lower support at $72062.12. This setup points to a likely test of upper band resistance followed by a retracement toward the 50-EMA support before any sustained continuation in BTC price prediction models and broader crypto market momentum.