Bitcoin: Lepard Flags Gold Lag Before BTC Surge
Bitcoin at $65831.85 shows bullish EMA structure while Lawrence Lepard cites 2020 precedent for severe outperformance after gold's 67% run.
SourceAnalysis
Bitcoin at roughly $60K drew fresh scrutiny after gold climbed 67% last year with BTC flat, yet Lawrence Lepard sees the exact 2020 setup repeating where gold led and Bitcoin delivered a 5x follow-through move in seven months.
Price sits at $65831.85 inside the Bollinger band with upper resistance at $67066.99 and lower support at $63936.42; the EMA50 at $64866.32 and EMA200 at $63685.18 mark clear long-term support in a still-bullish structure while RSI at 55.77 stays neutral and MACD prints a death cross at 471.33, pointing to a healthy pullback toward the 50-EMA before continuation.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast