Bitcoin: $61000 Support Faces Breakdown Risk

Bitcoin shows no fresh bullish catalysts while macro crosscurrents intensify, according to trader @CryptoMichNL.

Yields and oil climb as Nasdaq slips, leaving BTC vulnerable to a break beneath the $61000 zone that could complete a triple bottom in July.

On the 4h chart price sits at $62254.37 inside the Bollinger band with the lower edge at $62232.59 acting as immediate floor; the bearish EMA50 at $63150.51 and EMA200 at $63797.03 cap any recovery while the MACD death cross at -236.06 and neutral RSI of 34.7 confirm momentum has shifted lower, raising odds of a swift test of the $61000 confluence before any rebound attempt.