Bitcoin: Analyst Shows Correction Support on 2-Week Chart
Bitcoin holds key supports on 2-week chart per @RhythmicAnalyst as 4h price at $86523.72 tests upper Bollinger at $86576.58 with EMA50 support at $84525.52.
SourceAnalysis
Bitcoin analyst @RhythmicAnalyst posted a 2-week timeframe chart highlighting repeated support zones that contained every prior correction, aimed directly at bears.
Price action at $86523.72 sits inside Bollinger Bands with upper resistance at $86576.58 while the EMA50 at $84525.52 and EMA200 at $81274.77 anchor the bullish structure; MACD golden cross at 442.21 reinforces momentum even as RSI at 69.33 leaves room before overbought exhaustion. A healthy retracement toward the 50-EMA support at $84525.52 appears probable before continuation. BTC price prediction models now incorporate these confluence levels alongside broader crypto market crash resilience data.
Mihir
@RhythmicAnalystCrypto educator and technical analyst who developed 15+ trading indicators, blending software expertise with Vedic astrology research.
Premium Sponsors
.jpg)