Bitcoin: Rebounds After Trump Crypto Endorsement
Bitcoin rebounds to $63751.42 after Trump calls himself a big crypto guy, with 4h chart EMA50 at $61951.05 acting as support amid MACD death cross.
SourceAnalysis
Bitcoin rebounds after Trump declares he has become a big crypto guy, lifting price action back above $63751.42 on the 4h chart.
Price holds inside Bollinger Bands with upper resistance at $63821.18 while the EMA50 at $61951.05 continues to function as primary support and the EMA200 at $64380.47 caps upside. RSI at 63.27 stays neutral, yet the MACD death cross at 570.65 signals fading momentum that often precedes a test of the 50-EMA before any sustained continuation higher.
Traders now watch whether this political catalyst can override the bearish MACD signal and push BTC price prediction models toward fresh weekly highs or if the crypto market rebound stalls at band resistance.
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