BTC: Clean Bounce Off 4H Range Resistance
BTC at $65722.06 bounces off 4H resistance with bullish MACD confluence, EMA50 support at $64088.91 and upper Bollinger at $65787.65.
SourceAnalysis
BTC at $65722.06 cleanly bounced off 4H range resistance and trend per @52kskew, creating ideal catalyst confluence for BTC price prediction. Bitcoin technical analysis places price inside Bollinger Bands testing upper resistance at $65787.65 with RSI(14) at 66.48 neutral and MACD golden cross confirming bullish momentum, while EMA50 at $64088.91 offers concrete support and EMA200 at $69701.84 caps upside; a measured retracement to that 50-EMA level looks probable before continuation amid shifting crypto market trends.
Skew Δ
@52kskewFull time trader & analyst