Bitcoin: Trader Eyes $72.5K Long Wick Imbalance

Bitcoin trader @CrypNuevo outlined a specific long setup for the week targeting the $73k-$72.5k long wick imbalance zone on the latest Sunday update.

Price currently sits at $73823.85 inside Bollinger Bands with upper resistance at $74157.42 and lower support at $73207.64, while the bearish trend structure holds below EMA50 at $74840.03 and EMA200 at $76532.93. RSI at 45.03 remains neutral yet MACD registers a bullish golden cross at -305.17, creating confluence where a dip into the lower band near $73207.64 could align precisely with the identified imbalance for fresh longs before any continuation higher in the ongoing BTC price prediction cycle.