Bitcoin: Holds $62k After Saylor Sell-Off
Bitcoin holds $62k support after absorbing Saylor sell-off, with recovery attempt underway at $78126.61 amid bullish EMA structure.
SourceAnalysis
Bitcoin followed the projected path as BTC bounced off support and reached $63k before absorbing the Saylor sell-off while holding $62k firmly, keeping the recovery attempt alive according to @RhythmicAnalyst.
Price at $78126.61 tests upper Bollinger resistance at $77980.51 while RSI(14) at 94.77 signals overbought conditions and MACD confirms the golden cross; a healthy retracement toward the EMA50 support at $67148.44 appears probable before continuation higher.
Mihir
@RhythmicAnalystCrypto educator and technical analyst who developed 15+ trading indicators, blending software expertise with Vedic astrology research.
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