Bitcoin: Sweeps Weekly Low to Validate Upside
Bitcoin at $73640.52 sweeps prior week low; EMA50 resistance at $75566.47 and MACD golden cross shape BTC price prediction outlook.
SourceAnalysis
Bitcoin price has now swept the previous week low, marking a pivotal level that must hold above for sustained upside, per trader @52kskew.
Price trades at $73640.52 inside Bollinger Bands with upper resistance at $76833.03 while the bearish structure keeps EMA50 at $75566.47 and EMA200 at $76862.65 as concrete overhead barriers; neutral RSI at 37.6 paired with MACD golden cross at -791.91 points to a measured push toward band resistance before any deeper test of lower support at $72028.49, refining near-term BTC price prediction and Bitcoin market analysis amid crypto volatility.
Skew Δ
@52kskewFull time trader & analyst