Bitcoin: Bullish Breakout Targets $73,000 on Macro Shifts

Bitcoin stands ready for a bullish breakout as oil prices fall, treasury yields decline, the dollar weakens and Nasdaq advances sharply, according to trader @CryptoMichNL. The analyst flags $73,000 as the initial target once momentum accelerates.

On the 4h chart BTC trades at $64313.08 inside a bullish structure with price holding above the EMA50 at $63770.69 and EMA200 at $63665.85. The MACD golden cross at 148.33 confirms trend strength while RSI at 59.46 stays neutral, leaving room for a test of upper Bollinger resistance at $64541.33 before continuation toward the next BTC price prediction zone near $73,000 and historical Bitcoin technical breakout levels above 70000.