Bitcoin: Stable Action Targets Liquidity Pool
Bitcoin holds at $85127.81 while retracing liquidity pool, with EMA50 support at $84270.7 and neutral RSI 56.66 on 4h chart.
SourceAnalysis
Bitcoin moves steadily while retracing the liquidity pool, with little change from last week according to the update from @CrypNuevo.
Price at $85127.81 tests upper Bollinger resistance near $86188.48 while RSI at 56.66 stays neutral, pointing to a healthy retracement toward the 50-EMA support at $84270.7 before any continuation in this bullish structure despite the MACD death cross at 225.94; traders tracking BTC price prediction and crypto market analysis watch these levels closely for the next move.
CrypNuevo
@CrypNuevoAn unbiased technical analyst specializing in liquidity dynamics and market psychology, transcending bull-bear narratives.