Bitcoin: $65,000 Breakout Set for Next Week
Bitcoin at $64140.65 shows bullish EMA structure with demand overpowering tests, targeting $65000 breakout as MACD death cross fades on 4h chart.
SourceAnalysis
Bitcoin at $64140.65 absorbed intraday selling and now sits primed for the $65000 breakout next week, according to Michaël van de Poppe.
Price holds above both EMA50 at $63735.69 and EMA200 at $63664.14, confirming the longer-term bullish structure while the neutral RSI at 52.21 leaves room for continuation. With price pressing the upper Bollinger Band at $65607.52 yet still inside the range, the next logical step is a measured push that clears the $65000 handle before any deeper retracement to the EMA50 support zone. This setup directly fuels fresh BTC price prediction models and Bitcoin technical analysis scans that track rising crypto demand indicators across spot and derivatives desks.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast