Bitcoin: Tests 50 DMA With $25M CVD Inflow

Bitcoin fell below the July 6 Timescape Level to test support at the 50 DMA while FireCharts binned CVD recorded just $25M net unified buying across all order classes.

Traders should wait for daily candle close confirmation before entering longs given the limited capital commitment.

On the 4h chart BTC trades at $63475.55 directly against the lower Bollinger Band support at $63484.27 with EMA50 resistance fixed at $64406.46 and EMA200 at $63755.2; the MACD death cross at -221.24 and RSI at 33.76 confirm bearish momentum that favors a potential retest of the $63484.27 level before any sustained recovery attempt.