Bitcoin: Lyn Alden Picks BTC Over Gold

Bitcoin is oversold after getting artificially lumped with software stocks during the crypto market crash, Lyn Alden told Michaël van de Poppe. The washout from Treasury mNAVs, quantum FUD and four-year cycle test inflicted extra pain, yet she sees the bulk of selling complete and sentiment unfairly negative.

Price action on the 4h chart shows BTC trading at $62789.12 inside a bearish structure beneath the EMA50 at $64284.26 and EMA200 at $68849.3, with MACD death cross at -640.67 confirming trend weakness while RSI at 37.6 leaves room before oversold territory; the position inside Bollinger bands between $61599.6 support and $67028.92 resistance suggests any bounce may first test the 50-EMA before continuation. This setup fuels fresh BTC price prediction interest as risk appetite returns.