Bitcoin: Mich Sees $61K Break as Key Catalyst

Bitcoin sits at $61331.52 as Michaël van de Poppe flags a clean break above $61000 to confirm bullish divergence and unlock further upside toward the range top at $64000.

Oil prices and Treasury yields are both easing, while $STRC fear metrics improve, creating the macro backdrop for renewed spot demand once those levels give way.

Price trades inside the Bollinger Bands with the upper band at $61557.84 acting as immediate resistance while the 50-EMA at $60496.76 offers dynamic support; the MACD golden cross at +174.65 keeps the 4-hour structure bullish even as RSI at 59.65 remains neutral, suggesting any rejection at the upper band could see a quick test of the 50-EMA before continuation.