BTC: Van de Poppe Maps Trade Levels on 4h Chart
BTC at $77980.38 with Michaël van de Poppe trade view showing bearish EMA50 resistance at $78817.47 and MACD death cross.
SourceAnalysis
BTC trades at $77980.38 as Michaël van de Poppe outlines his levels on the 4h chart.
Price tests upper Bollinger resistance at $79655.25 while the EMA50 at $78817.47 acts as immediate overhead resistance and the EMA200 at $74090.67 provides distant support. The MACD death cross at -306.45 reinforces bearish momentum even as RSI at 38.78 stays neutral, pointing to a likely retracement toward lower band support at $77794.43 before any sustained move higher.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast