Bitcoin: Bullish Divergence Holds Above $61,000
Bitcoin holds above $61,000 with intact bullish divergence at $62087.42, signaling higher tests despite 4h bearish MACD and EMA structure.
SourceAnalysis
Bitcoin retains its bullish divergence according to @CryptoMichNL, keeping an upward continuation likely after the recent correction as long as price stays above $61,000. At $62087.42 the 4h structure shows price beneath the EMA50 resistance at $62331.32 and inside the Bollinger Bands, with MACD at -22.21 confirming the death cross while RSI at 44.33 stays neutral; this confluence points to a probable test of the $61765.27 lower band support before any fresh push toward the $64361.31 upper band, aligning with the divergence thesis and standard BTC price prediction patterns seen over the past year.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast