Bitcoin: Thin Liquidity Stalls 50 DMA Reclaim
Bitcoin at $77250.64 faces thin upside liquidity on Binance while bulls fail to hold above the 50 DMA, with next resistance at the $78380 Timescape R/S flip.
SourceAnalysis
Bitcoin order book liquidity stays razor thin on Binance, with just $4M in asks at $78k and minimal bids below, yet bulls cannot sustain price above the 50 DMA according to @MI_Algos.
Price action at $77250.64 sits just above the 4h EMA50 at $77237.25 while the EMA200 at $77300.94 caps immediate upside; the MACD golden cross supports trend continuation but neutral RSI at 54.57 leaves room for rejection at the upper Bollinger Band of $78282.94 before any test of the $78380 Timescape line.
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