Bitcoin: Bullish Structure Holds Through Minor Correction
Bitcoin at $85314.21 keeps bullish structure intact per @CryptoMichNL despite minimal correction, with EMA50 support at $84691.33 guiding BTC price prediction.
SourceAnalysis
Bitcoin maintains its bullish structure despite a minimal correction, according to trader @CryptoMichNL.
Price at $85314.21 tests upper Bollinger resistance at $86456.07 while RSI at 51.95 stays neutral, pointing to a healthy retracement toward the 50-EMA support at $84691.33 before continuation even as the MACD shows a death cross. This setup informs BTC price prediction models and helps traders avoid crypto market crash misreads in the current cycle.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast
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