Bitcoin: 200WMA Passes $66K
Bitcoin 200WMA passes $66k as BTC holds $85,759.99 with bullish 4h EMA structure and MACD golden cross intact.
SourceAnalysis
Bitcoin 200-week moving average has cleared $66,000, according to Adam Back. BTC currently trades at $85,759.99 inside a bullish 4h structure where EMA50 sits at $84,558.41 and EMA200 at $81,331.42.
Price action shows the market testing upper Bollinger resistance at $86,541.2 while RSI(14) at 58.66 stays neutral and MACD registers a bullish golden cross at 408.93; a measured pullback toward the 50-EMA support remains the highest-probability next move before continuation. Historical 200WMA crossings have repeatedly marked durable cycle floors for BTC price prediction models over the past year.
Adam Back
@adam3uscypherpunk, cryptographer, privacy/ecash, inventor hashcash (used in Bitcoin mining) PhD Comp Sci http://adam3.us Co-Founder/CEO http://blockstream.com