Bitcoin: $64,000 Hold Sets $74,000-$79,000 Path
Bitcoin tests $64,000 support with $65,925.55 price; hold targets $74-79k while failure risks new lows per @CryptoMichNL.
SourceAnalysis
Bitcoin confronts a decisive test at $64,000 that will set direction for the coming months, with failure opening fresh lows and a hold unlocking the $74,000-$79,000 zone plus fresh altcoin momentum according to @CryptoMichNL.
At $65,925.55 the market trades above the EMA50 support at $64,766.6 yet inside Bollinger bands with the upper resistance at $67,512.65, while the MACD death cross at 706.03 and neutral RSI of 57.65 point to a likely pullback toward that EMA50 before any sustained push higher; this BTC price prediction therefore rests on whether Bitcoin support levels hold to ignite the next leg and an altcoins rally.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast