Bitcoin: TWAP Bidding Pushes Price Up

Crypto analyst @52kskew spots a second wave of TWAP bidding propelling Bitcoin higher, even as shorts get squeezed yet more pile in chasing the rally. This move demands close eyes on actual momentum, especially after recent volatility that echoed last quarter's BTC price prediction swings where bids flipped sentiment overnight.

Zooming into the 4-hour chart, Bitcoin trades at $80889.81 in a bullish structure backed by the EMA50 at $79820.91 acting as firm support and the EMA200 at $76045.49 reinforcing the longer-term uptrend. Yet the MACD flashes a bearish death cross at 89.17, signaling potential exhaustion, while RSI sits neutral at 56.83—price hugs the upper Bollinger Band resistance near $81773.11, suggesting a pullback to the lower support at $79250.02 could precede any fresh leg up, much like the confluence we saw in BTC's crypto market crash recovery last fall. Traders should watch for momentum shifts here, tying into broader hype around assets like TAO in the evolving Bitcoin market analysis landscape.