Bitcoin: Resilient After Hawkish Fed
Bitcoin holds at $65079.67 after hawkish Fed with analysts citing no demand return; 4h chart shows EMA50 support at $64188.23 and MACD golden cross.
SourceAnalysis
Bitcoin proved resilient following the hawkish Fed decision yet analysts see no immediate return of demand. BTC trades at $65079.67 inside Bollinger Bands with price testing upper resistance at $65086.04. The 4h structure remains bullish as price sits above EMA50 support at $64188.23 while EMA200 at $68432.18 caps upside; MACD golden cross at 105.61 reinforces momentum and RSI at 60.31 leaves room before overbought conditions prompt a retracement to the 50-EMA. BTC price prediction models now focus on whether sustained closes above the upper band trigger continuation or whether a quick probe of lower support at $62721.93 resets the move. Crypto market crash fears stay muted while Bitcoin absorbs policy shocks without fresh buying pressure.
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