Bitcoin: Nasdaq Rebound Eyes New ATH
Bitcoin at $63001.21 holds neutral RSI as Nasdaq rebounds after Iran tensions ease, with altcoins already breaking higher and BTC price prediction pointing to follow-through.
SourceAnalysis
Bitcoin and the Nasdaq both showed resilience after yesterday's drop tied to Iran developments, with Michaël van de Poppe noting the $NQ turning higher and multiple altcoins already breaking upwards on reduced bombing activity.
Price action at $63001.21 sits just above the EMA50 at $62393.46 while the EMA200 at $64038.26 caps upside, and the MACD death cross at 13.14 signals fading momentum even as RSI at 52.89 stays neutral inside the Bollinger band between $61652.8 support and $64292.14 resistance; this confluence points to a likely test of the 50-EMA before any sustained push toward fresh highs in the ongoing BTC price prediction cycle.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast