Bitcoin: Saylor Buy Signals End Capitulation Crash
Bitcoin trades at $61737.61 with Saylor accumulation rumors lifting $STRC peg and BTC price prediction targeting $70K after crypto market crash.
SourceAnalysis
Bitcoin at $61737.61 draws fresh bids after Michael Saylor signals intent to add, easing sell-off fears tied to $STRC and ending the latest capitulation crash.
Analysts now expect the $STRC peg to normalize within weeks, clearing the path for BTC to test $70K and restart the bull cycle. Technical confluence on the 4h chart shows price inside the Bollinger Bands with upper resistance at $63816.95 while the neutral RSI at 40.63 leaves room for continuation; the MACD golden cross already confirms building momentum even as the structure remains below the EMA50 at $65551.3 and EMA200 at $72703.23, so a measured push toward the upper band before any deeper retracement to the 50-EMA support appears the highest-probability path.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast