Bitcoin: Peace Deal Fuels Break Above $80k
Bitcoin at $77441.61 eyes $80k breakout as Middle East peace deal lowers oil and yields, boosting risk assets per @CryptoMichNL.
SourceAnalysis
Bitcoin at $77441.61 shows renewed strength after reclaiming resistance, with @CryptoMichNL forecasting a push above $80k if a Middle East peace deal cuts oil prices and yields while lifting risk assets through the summer.
Price holds inside Bollinger Bands with upper resistance at $78238.98 and lower support at $74699.34. The bullish EMA50 at $77249.99 and EMA200 at $77311.76 act as firm floors, while MACD golden cross at 32.15 and neutral RSI at 56.21 confirm continuation momentum without overbought signals.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast