BTC: Shorts Hunted as Key 4H Close Looms
BTC at $77624.85 hunts shorts on 4H close with bullish EMA50 at $77257.18 and MACD golden cross intact.
SourceAnalysis
BTC hunts more shorts into the critical 4H close as the market attempts a trend reclaim at $77624.85. Price sits inside the Bollinger Bands with upper resistance at $78271.08 while the EMA50 at $77257.18 and EMA200 at $77313.58 anchor the bullish structure. RSI(14) at 57.75 remains neutral and MACD(12,26) holds its golden cross at 46.77, confirming momentum without overbought signals. A test of upper-band resistance could trigger a measured pullback toward the 50-EMA support before continuation higher.
Skew Δ
@52kskewFull time trader & analyst