Bitcoin: Reclaims $70,000 After Two Months
Bitcoin reclaims $70,000 for first time in over two months at $69,308 with bullish EMA50 support at $64,441 and RSI at 85.55 on 4h chart.
SourceAnalysis
Bitcoin reclaims $70,000 for the first time in over two months, pushing price to $69,308.48 amid a bullish trend structure.
BTC holds above EMA50 at $64,441.89 and EMA200 at $64,035.70 while MACD prints a golden cross at 1,090.81. Price tests upper Bollinger resistance at $68,386.03 with RSI(14) at 85.55 flashing overbought conditions, suggesting a healthy retracement toward the 50-EMA support before continuation.
Bull Theory
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