Bitcoin: Fourth Gaussian Channel Touch Fuels Rally Outlook

Bitcoin has touched the Gaussian Channel on its monthly chart for the fourth time, a pattern that previously sparked major rallies according to trader @TATrader_Alan.

With BTC price at $60828.9, the 4h structure shows a bearish trend against EMA50 resistance at $67259.84 and EMA200 at $73704.54, yet RSI at 27.88 signals oversold conditions while MACD registers a bullish golden cross at -2299.52; price sits inside Bollinger Bands with lower support at $58927.44 and upper resistance at $67504.02, suggesting a potential bounce from oversold momentum before testing higher confluence zones in this BTC price prediction setup amid ongoing crypto market volatility patterns.