Bitcoin: Bullish Divergence Signals S&P Outperformance
Bitcoin shows strong bullish divergence vs the S&P 500 at $63858.28, echoing the 2022 low and pointing to outperformance, with EMA50 support at $62788.77.
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Bitcoin displays strong bullish divergence against the S&P 500 on weekly charts, a setup last seen at the 2022 actual low that historically preceded sharp BTC outperformance versus indices. Michaël van de Poppe highlighted the pattern on July 10 2026, noting the signal favors continued Bitcoin strength. On the 4h chart, price at $63858.28 holds a bullish trend structure above the EMA50 at $62788.77 while the EMA200 sits at $63953.53; MACD registers a bullish golden cross at 347.81 with RSI neutral at 57.53, and price trades inside the Bollinger Bands between $61581.35 support and $64678.62 resistance, suggesting any test of upper-band resistance could trigger a healthy pullback toward the 50-EMA before continuation. This confluence supports BTC price prediction models that factor in macro rotation and crypto market trends favoring Bitcoin versus traditional indices.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast