Latest Update
7/22/2026 10:36:00 AM

Bitcoin: Minimal Correction Keeps Bullish Outlook

Bitcoin: Minimal Correction Keeps Bullish Outlook

Bitcoin at $65831.85 shows minimal correction with bullish EMA structure intact as traders eye further upside on neutral RSI.

Source

Analysis

Bitcoin posted minimal correction while the broader trend stays intact according to @CryptoMichNL.

Price action at $65831.85 remains above the EMA50 at $64866.32 and the EMA200 at $63685.18, confirming the bullish structure that has held through the past six months. With RSI(14) at 55.77 sitting neutral and price inside the Bollinger Bands, the market avoids overbought exhaustion near the upper band at $67066.99 while the MACD death cross at 471.33 flags short-term momentum caution. A healthy retracement toward the EMA50 support at $64866.32 appears probable before continuation higher. This setup supports fresh BTC price prediction models and ongoing Bitcoin market analysis focused on trend continuation rather than any crypto market crash scenario.


Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast