Bitcoin: Breakout Above $65000 Eyes $80000 Target
Bitcoin at $64451.56 eyes breakout above $65000 with BTC price prediction targeting $80000 in August as MACD shows golden cross on 4h chart.
SourceAnalysis
Bitcoin looks ready for the next leg higher after clearing daily moving averages, with Michaël van de Poppe flagging a clean break above $65000 as the trigger for an $80000 print by August.
Price sits at $64451.56 inside the Bollinger Bands with upper resistance at $66071.5, while the EMA50 at $63699.24 and EMA200 at $63729.81 function as stacked support in the prevailing bullish structure; the MACD golden cross at 369.12 reinforces momentum even as RSI at 54.29 remains neutral, setting up a measured push toward the upper band before any deeper pullback tests those EMAs.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast