Bitcoin: Reclaims $64000 on US Reserve Confirmation
Bitcoin reclaims $64342.93 after White House confirms U.S. strategic Bitcoin reserve and Trump backs crypto, liquidating $360 million shorts.
SourceAnalysis
Bitcoin reclaims $64000 after the White House confirms the U.S. strategic Bitcoin reserve and Trump declares himself a big fan of crypto, triggering $360 million in short liquidations. Price action now sits at $64342.93 with the 50-EMA at $62043.59 acting as concrete support and the 200-EMA at $64374.61 capping upside, while MACD golden cross at 627.88 reinforces bullish momentum and RSI at 67.27 stays neutral. With price testing upper Bollinger resistance at $64031.31, a healthy retracement toward the 50-EMA support at $62043.59 looks probable before continuation, shaping the latest BTC price prediction amid shifting crypto market dynamics and Bitcoin strategic reserve policy impact.
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