BTC: Tests Daily Trend Off Futures Open

BTC is testing its daily trend line right after futures open according to trader @52kskew.

Price sits at $77107.61 inside the Bollinger Bands on the 4-hour chart, with the upper resistance at $81232.21 capping upside while the lower support rests at $76474.08. The EMA50 at $79402.86 and EMA200 at $77384.93 confirm the broader bearish structure, reinforced by the MACD death cross at -694.47. RSI at 31.65 remains neutral, suggesting limited momentum for an immediate breakout. This setup points to potential continuation lower toward the 50-EMA before any sustained recovery in BTC price prediction scenarios.