Bitcoin: $85K Flip Unlocks $90K Momentum
Bitcoin at $86133.82 eyes $85K breakout for $90K target as 4h chart shows EMA50 support at $84700 and MACD golden cross.
SourceAnalysis
Bitcoin holds firm above $85,000 with price at $86133.82 and BTC analysts like @CryptoMichNL calling the upper scenario intact.
Flipping $85000 now acts as the clear trigger for fresh upside that targets $90000 next, aligning with the last six months of steady accumulation.
Price sits inside Bollinger Bands with upper resistance at $86727.34 while the 50-EMA at $84700.03 and 200-EMA at $81463.67 provide layered support; the MACD golden cross at 475.87 and neutral RSI at 62.86 confirm bullish structure without overbought signals, keeping the path open for continuation once $85K clears.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast