Bitcoin: Bull Signal Returns at Prior Lows
Bitcoin at $65640.84 flashes bull signal last seen at bear lows, with 5x-20x upside cited as traders weigh EMA50 support at $64755.44 against MACD death cross.
SourceAnalysis
Bitcoin bulls receive fresh confirmation as the same accumulation signal that marked previous cycle lows reappears, prompting @CryptoMichNL to declare bulls superior investors and highlight 5x to 20x potential from current levels. With price at $65640.84, the 4-hour structure shows price pressing the upper Bollinger Band at $67488.48 while the MACD death cross at 683.32 warns of near-term momentum loss; yet the EMA50 at $64755.44 remains the key macro support that has repeatedly arrested deeper corrections over the past year, offering a high-probability zone for fresh long entries before any extension toward the EMA200 at $69482.69. RSI at 54.79 keeps conditions neutral, allowing room for continuation once volatility contracts inside the bands and the death cross resolves, aligning with the tweet’s thesis that minor downside carries limited risk against multi-fold BTC price prediction gains ahead.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast