Bitcoin: Bullish Divergence Eyes $65,000 Break

Bitcoin retains strong bullish divergence while price grinds higher, keeping bearish signals inactive according to @CryptoMichNL.

Break above $65000 would clear the 21-day MA and restore the prior range, shifting focus to the range high after the deviation below support has resolved. BTC price prediction models now align with this grind as Bitcoin technical analysis points to continuation.

Price action on the 4-hour chart for BTC reveals a bullish setup with the EMA50 at $63270.55 acting as dynamic support beneath the current $64571.36 level while the MACD golden cross at 107.19 reinforces upward momentum despite neutral RSI at 62.41. As Bitcoin tests toward upper Bollinger Band resistance near $65199.41, any pullback would likely find bids at the EMA200 confluence around $63725.17 before targeting the range high.