Bitcoin: Trader Eyes Sweep Lower or Reclaim Higher
Bitcoin at $84629.79 shows neutral RSI 51.73 and bearish MACD death cross on 4h chart, with trader Michaël van de Poppe planning BTC and altcoin buys on either sweep or reclaim.
SourceAnalysis
Bitcoin trader @CryptoMichNL sees two paths for BTC at $84629.79: a sweep lower or a reclaim higher, with both leading to accumulation of Bitcoin and altcoins. Price sits inside Bollinger Bands with upper resistance at $86181.49 and lower support at $82761.46 while EMA50 at $84090.67 and EMA200 at $80615.26 anchor the bullish structure. Momentum RSI(14) at 51.73 stays neutral yet MACD(12,26) prints a bearish death cross at 249.25, creating clear confluence where a test of lower band support before any higher reclaim appears probable. This setup supports long-term BTC price prediction and Bitcoin technical analysis views favoring dips as crypto accumulation strategy entries.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast
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