Michaël van de Poppe: BTC Lows Swept, Fresh Accumulation Zone

Michaël van de Poppe stated that the lows have been swept on BTC and Nasdaq, marking another area to accumulate positions with no essential change in market structure.

Price trades at $76654.19 beneath the EMA50 at $78679.97 and EMA200 at $80808.71, locking in the bearish trend while the MACD death cross at 89.74 reinforces downside momentum. RSI at 40.29 remains neutral inside the Bollinger bands, so the recent low sweep targets the lower band support at $74993.7 before any sustained recovery attempt toward upper resistance at $81290.32.