Bitcoin: Crosses $61K as Chip Stocks Correct

Bitcoin crossed $61k exactly as Mihir (@RhythmicAnalyst) flagged 20 days earlier, coinciding with the first visible correction in US equity indexes and especially semiconductor names.

Traders now watch whether equity outflows accelerate into crypto. With price testing upper Bollinger resistance at $61931.56 while RSI sits at 62.44 and MACD prints a fresh golden cross, the 4-hour structure keeps the bullish bias intact yet flags short-term exhaustion; a measured pullback toward the EMA50 support at $60558.89 remains the highest-probability path before continuation.