Bitcoin: Lags Nasdaq as $75K Breakout Awaits Confirmation

Michaël van de Poppe flags that Bitcoin remains one of the few assets lagging substantially behind a strong Nasdaq while the market still awaits breakout confirmation.

Price sits at $74,365.41 inside the Bollinger Bands with the upper resistance at $76,748.73 and lower support at $73,944.74. The EMA50 at $76,434.88 and EMA200 at $79,728.29 continue to cap upside as concrete resistance levels in the prevailing bearish structure, yet the MACD golden cross at -583.04 and neutral RSI at 39.81 create short-term bullish confluence that favors a test of the $75,000 level before any sustained move toward the upper band.