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7/6/2026 4:10:00 PM

Bitcoin: Reclaims $63K After Saylor Sell-Off

Bitcoin: Reclaims $63K After Saylor Sell-Off

Bitcoin hits $63597 after absorbing Saylor sell-off news. 4h chart shows EMA50 support at $61945 amid neutral RSI and MACD death cross.

Source

Analysis

Bitcoin turned green and absorbed Saylor sell-off news to trade back above $63k at $63597.04.

Price sits inside Bollinger Bands with upper resistance at $63785.52 while the 50-EMA holds as concrete support at $61945. RSI at 62.15 stays neutral yet MACD prints a bearish death cross at 558.33, suggesting a healthy retracement to the 50-EMA before continuation. Traders watching BTC price prediction models now eye the 200-EMA at $64378.93 as the next macro hurdle after the last six months of consolidation.


Mihir

@RhythmicAnalyst

Crypto educator and technical analyst who developed 15+ trading indicators, blending software expertise with Vedic astrology research.

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