Bitcoin: Analyst Eyes $68000 After Saylor Sale Test
Bitcoin holds $63103 after $61000 test as Michaël van de Poppe dismisses MicroStrategy sale impact and eyes $68000 resistance amid neutral RSI and EMA50 support.
SourceAnalysis
Bitcoin shrugged off Michael Saylor and MicroStrategy selling last week, tested $61000 support and bounced to $63103.56 where it now consolidates. BTC price prediction from trader @CryptoMichNL calls for continuation toward $68000 resistance once the overhang clears. On the 4h chart the structure stays bullish with price above EMA50 at $62116.52 yet below EMA200 at $64337.04; MACD shows a death cross at 505.88 while RSI at 54.6 remains neutral inside Bollinger Bands bounded by $62207.93 support and $63917.15 resistance, suggesting a measured push higher before any deeper pullback to the 50-EMA. Historical context from the past year shows MicroStrategy Bitcoin sales rarely derail upward trends when macro flows stay constructive, leaving little visible resistance ahead for BTC at current levels.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast