Bitcoin: Bullish Divergence Eyes $61K-$65K Flip
Bitcoin at $60397.68 eyes bullish divergence resolution with $61K and $65K as key levels to reclaim range amid neutral RSI and MACD golden cross.
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Bitcoin faces a decisive test on bullish divergence as BTC price sits at $60397.68, with Michaël van de Poppe noting that a crawl back above $61K and $65K would restore the prior range and support markets into year-end.
Price action shows Bitcoin trading inside Bollinger Bands with upper resistance at $61462.35 acting as short-term exhaustion target while the EMA50 at $61609.64 serves as concrete resistance; the neutral RSI at 46.3 leaves room for continuation before any pullback toward the EMA200 at $66603.93 or lower band support at $59021.03, and the MACD golden cross at -453.38 adds confluence for a measured upside attempt. Traders tracking BTC price prediction and Bitcoin technical analysis will watch these confluences closely as bullish divergence Bitcoin resolves over the next sessions.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast