Bitcoin: $1M Prediction Warns of Financial System Collapse
Bitcoin at $79194.83 draws $1 million BTC price prediction from Cointelegraph that would cook the entire financial system amid neutral RSI and MACD death cross.
SourceAnalysis
@Cointelegraph highlighted @CryptoMichNL warning that Bitcoin hitting $1 million would leave the financial system cooked, reviving long-standing BTC price prediction debates that trace back to the past year's $79,807.92 levels. BTC currently trades at $79194.83 inside its Bollinger band with upper resistance at $80447.34 and lower support at $77985.29. The 4-hour structure stays bullish above the EMA50 at $76631.86 and EMA200 at $69613.96, yet the MACD at 725.74 has printed a death cross while RSI(14) sits neutral at 54.6, suggesting price may test the 50-EMA support before any continuation toward the upper band target.
Cointelegraph
@CointelegraphProvides breaking news and in-depth analysis on cryptocurrency markets, blockchain technology, and digital assets, serving as a leading media outlet in the crypto industry.