Bitcoin: Historic Pattern Poised to Repeat
Bitcoin at $59396.91 eyes rare fourth occurrence as Scaramucci, Novogratz weigh in alongside Fannie Mae mortgage and Ripple CEO forecasts.
SourceAnalysis
Bitcoin faces a fourth instance of a pattern seen only three times before, with fresh commentary from Anthony Scaramucci and Mike Novogratz plus the first Fannie Mae-backed mortgage settled in BTC and Ripple CEO price targets adding fuel. BTC trades at $59396.91 inside its Bollinger Band while the 50-EMA at $61378.35 caps upside and the 200-EMA at $66406.02 marks the longer-term resistance; RSI at 38.81 keeps momentum neutral yet the MACD golden cross at -506.08 hints at building pressure that could force a quick test of the lower band support near $59181.58 before any sustained move higher, tightening the setup for the next historic trigger.
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