Bitcoin: Holds Above $61000 as Yields Ease

Bitcoin trades above $61000 and prints a green session despite rising oil and fresh geopolitical tensions.

BTC price action at $62529.31 sits below the EMA50 at $63106.85 and EMA200 at $63751.85, locking in a bearish structure on the 4h chart while MACD prints a death cross at -276.85. Price remains inside the Bollinger Bands with upper resistance at $65043.57 and lower support at $61979.91; the neutral RSI at 39.43 leaves room for a test of the 50-EMA before any sustained move. Japanese yields rolling over remove a key headwind for risk assets and historically precede choppy but higher BTC ranges over the next six months.