Bitcoin: Accumulation Zone Forms at $61249.99

Bitcoin traders should accumulate positions near current levels according to Michaël van de Poppe, who recalls buying BTC at the $4100-4200 zone during the COVID-19 crash despite BitMEX failure and extreme fear, a move that produced 15x returns within one year.

Price action on the 4h chart reveals BTC locked in a bearish trend with the EMA50 at $67276.36 serving as immediate resistance and the EMA200 at $73708.73 capping upside, while the MACD golden cross at -2265.93 offers early momentum relief yet RSI at 30.39 keeps conditions neutral inside the Bollinger bands, pointing to a likely test of lower support at $58993.95 before any sustained advance in this BTC price prediction setup tied to historical crypto market crash accumulation zones.