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9/1/2026 7:15:00 PM
Bitcoin: Lows Sweep Signals Sideways Range
Bitcoin at $77375.63 completes lows sweep with altcoins resilient versus BTC dominance in historical cycles, targeting higher moves after range consolidation.
Analysis
Bitcoin swept the lows at $77375.63 as noted by trader Michaël van de Poppe, clearing the path for extended sideways action in the current range before any upside breakout while altcoins maintain strength against BTC in recent performance cycles. BTC price prediction models now factor in this consolidation phase following the sweep, contrasting with prior Bitcoin dominance vs altcoin performance historical cycles where similar setups preceded rallies. On the 4h chart, price trades inside the Bollinger band near lower support at $77191.87 with bearish MACD death cross at -148.24 and neutral RSI at 41.0, holding below EMA50 resistance of $77570.55 yet above EMA200 at $71554.17, pointing to limited further downside before any test of upper band resistance at $79153.44.
BitcoinBTC dominanceBitcoin lowscrypto rangeprice likely
Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast
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Source: blockchain.news
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