Bitcoin: Holds Under $84,700 for Continuation
Bitcoin at $84137.5 stays below $84700 resistance per @CryptoMichNL, with neutral RSI and MACD death cross shaping BTC price prediction.
SourceAnalysis
Bitcoin shows little change as it trades beneath the $84,700 level, with @CryptoMichNL seeing limited market continuation until that threshold flips for bids.
Price sits at $84137.5 inside Bollinger Bands with upper resistance at $86967.6, while the neutral RSI at 51.13 and bearish MACD death cross point to a likely retracement toward EMA50 support at $82799.23 before any fresh upside in this Bitcoin technical analysis setup.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast