BTC: Sideways Chop Holds Into Weekend Open

BTC has remained in tight sideways low-volatility chop since the Friday close, with the next potential window for movement opening around futures and weekly resets according to trader @52kskew.

Price sits at $61929.38 inside the Bollinger Bands, facing immediate resistance at the upper band of $63829.12 while the lower band at $59575.79 offers short-term support. The broader structure stays bearish as price trades below both the EMA50 at $65558.82 and EMA200 at $72705.14, yet the MACD golden cross at -1180.71 hints at building momentum even as RSI at 42.08 remains neutral. Institutional desks watching BTC price action and Bitcoin futures open will likely wait for a decisive break of the upper band before committing fresh capital ahead of any weekly price action shift.