Bitcoin: Breaks Heavy Resistance as Death Cross Looms

Bitcoin pierced major resistance levels on July 15 according to Decrypt analysis, yet a death cross warning now shadows the move.

Price sits at $65126.67 inside the Bollinger band with upper resistance at $65930.43. The 4h structure shows EMA50 at $63588.68 acting as immediate support above the EMA200 at $63736.73, while MACD registers a bullish golden cross at 430.16 and RSI holds neutral at 62.51. Over the past six months BTC has repeatedly tested these EMA zones before extending higher, suggesting any pullback would likely find bids near the 50-period average before continuation.