Bitcoin: 200-Week MA Support in Focus

Bitcoin price action at the 200-week moving average draws fresh attention after @CryptoMichNL highlighted its role as a reliable bottom marker across prior cycles. Historical prints in 2013, 2015, 2018 and 2020 all produced durable lows at this level before new bull legs higher, with only the 2022 FTX collapse breaking the pattern.

Current 4h structure keeps price inside the Bollinger band between $62757.84 support and $65024.84 resistance while the EMA50 at $64178.31 acts as immediate floor and the EMA200 at $68429.66 caps upside. MACD registers a bullish golden cross at 85.43 and RSI sits neutral at 58.19, suggesting the market can absorb further tests of the weekly average before any sustained push toward the upper band.