Bitcoin: Breaks Upward Toward New Yearly High
Bitcoin breaks upward with trader targeting $84,800-85,000 test next, current price $86,220.15 amid bullish 4h structure.
SourceAnalysis
Bitcoin has broken upward according to @CryptoMichNL, with the next key test eyed at the $84,800-85,000 zone before continuation higher and a potential new yearly high.
Price currently sits at $86,220.15 on the 4h chart inside a bullish trend structure. The EMA50 at $83,925.9 and EMA200 at $80,233.46 act as layered support while MACD holds a golden cross at 469.11. With price pressing the upper Bollinger Band resistance at $85,963.44 and RSI at 69.79, a measured pullback toward the 50-EMA support remains the highest-probability path before the next leg higher in this BTC price prediction setup.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast