Bitcoin: Hold $60k for $80k-83k Rally

Bitcoin must defend the $60,000-61,000 zone to flip MACD and RSI higher, unlocking the next leg toward the $80,000-83,000 zone according to trader @CryptoMichNL.

Price sits at $63089.37 inside the Bollinger Bands with upper resistance at $65090.68 and lower support at $61950.67. The EMA50 at $63854.76 and EMA200 at $63777.32 mark immediate overhead resistance while the MACD golden cross at -301.64 signals building bullish momentum despite the neutral RSI reading of 44.08. Historical data shows BTC rallies accelerate once the $60k support holds and momentum indicators turn positive, confirming the $80k-83k BTC price prediction remains intact on a successful retest of the 50-EMA.