BTC: First 4H 50EMA Retest Since $77.5K
BTC retests 4H 50EMA at $63.6K for the first time since $77.5K peak as price holds $63593.95 with neutral RSI and bullish MACD.
SourceAnalysis
BTC records its first 4H 50EMA retest since the $77.5K level, with price at $63593.95 probing EMA50 support at $63744.6.
Price trades inside the Bollinger Bands near upper resistance of $64113.48 while RSI(14) sits neutral at 56.24 and MACD registers a bullish golden cross at 122.78, pointing to a measured pullback toward the lower band at $60815.24 before any sustained move higher against the distant EMA200 at $70657.97.
Skew Δ
@52kskewFull time trader & analyst