Bitcoin: End Stage of Bear Market Declared
Bitcoin at $62890.59 signals end of bear market per @CryptoMichNL amid death cross, with 4h chart showing EMA50 resistance at $63967.24 and MACD -328.9.
SourceAnalysis
Bitcoin sits at the end stage of the bear market, @CryptoMichNL stated on August 14, 2026, citing the latest death cross signal.
Price action at $62890.59 hugs the lower Bollinger Band support of $62865.57 while the EMA50 at $63967.24 and EMA200 at $63705.95 cap any rebound. The MACD death cross at -328.9 reinforces bearish momentum even as RSI(14) at 33.56 remains neutral, pointing to exhaustion rather than immediate reversal. Traders watching BTC price prediction models now eye a test of the upper band at $64322.05 before any sustained move higher.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast