Bitcoin: Reenters Range Targeting Higher Levels

Bitcoin breaks back into the range and eyes more upside according to trader @CryptoMichNL, who expects a crawl higher once US markets open and key resistance zones give way.

The entire current range remains a massive area for accumulating positions on $BTC, with momentum shifting back in favor of crypto after recent consolidation.

Price at $65733.37 tests upper Bollinger resistance at $65983.22 while RSI(14) sits neutral at 66.13 and MACD confirms bullish golden cross; this confluence points to a healthy retracement toward the EMA50 support at $64150.5 before continuation, with EMA200 at $69670.36 capping longer-term moves.