Bitcoin: 200-Week MA Resistance Holds at $61K

Bitcoin remains capped beneath the $61,000 resistance zone that coincides with the 200-week moving average, @CryptoMichNL noted on June 30.

Price at $59,409.41 sits inside Bollinger Bands on the 4h chart where the upper band at $60,816.67 lines up near EMA50 resistance of $60,934.4; the bearish structure persists yet the MACD golden cross at -332.37 and neutral RSI of 40.36 suggest any clean break of the 200-week MA could trigger the next leg toward $65,000 in standard BTC price prediction scenarios.