Bitcoin: 200-Week MA Aligns With Cycle Bottom
Bitcoin at $64442.68 tests cycle lows as 200-Week MA holds, with 4h EMA50 support at $64200.31 and MACD golden cross intact.
SourceAnalysis
Bitcoin sits at the precise cycle bottom zone according to @CryptoMichNL, who flagged that the market repeats its historical pattern and that any hold above the 200-Week MA marks the entry window before vertical violence higher.
Price action on the 4h chart shows BTC trading inside the Bollinger Bands with upper resistance at $64989.5 while the EMA50 at $64200.31 acts as immediate structural support beneath the current $64442.68 print; the MACD golden cross at 111.69 keeps the bullish bias intact even as RSI at 53.48 leaves room for continuation without overbought warnings, confirming confluence between the weekly cycle low and short-term momentum for any BTC price prediction models tracking this phase.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast