Bitcoin: Van de Poppe Eyes Lows Sweep for Long Entries

Bitcoin at $72828.39 aligns with @CryptoMichNL's primary day-trading scenario for a lows sweep followed by reversal to flip levels for long entries.

The trader sees no continuation lower and notes altcoins gaining independent momentum, reducing market correlations and ending any clear bear phase.

Price action shows BTC testing the lower Bollinger band support at $72946.48 while the EMA50 at $74641.54 and EMA200 at $76454.81 act as overhead resistance in the bearish structure; with RSI at 33.37 remaining neutral and MACD confirming the death cross at -386.21, a bounce from this volatility exhaustion zone offers the cleanest confluence for the anticipated reversal before any retest of upper band resistance at $74315.06.