Latest Update
8/8/2026 3:03:00 PM

Bitcoin: Holds Prior High Retest as FOMO Builds

Bitcoin: Holds Prior High Retest as FOMO Builds

Bitcoin at $65094.59 holds previous high retest; BTC price prediction shows traders missing moves while waiting for $40K dips amid bull market psychology.

Source

Analysis

Bitcoin is holding its most obvious retest of the previous high, according to trader @CryptoMichNL, yet most participants risk getting left behind by waiting for $40,000 or even $25,000 entries only to buy higher later.

With BTC price at $65094.59 inside the Bollinger Bands, the upper resistance at $65298.65 caps near-term volatility while the 50-EMA at $64313.87 and 200-EMA at $63696.87 act as layered support in the ongoing bullish structure; the MACD golden cross at 284.36 reinforces momentum even as RSI at 63.21 stays neutral, suggesting a clean continuation higher once the band resistance yields rather than any deep pullback.


Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast