Bitcoin: Sideways Resilience Signals Accumulation Zone
Bitcoin trades at $64020.65 after six months sideways with no lower lows as bottom indicators flash accumulation signals on the 4h chart.
SourceAnalysis
Bitcoin shows clear resilience after six months of sideways price action without printing a lower low despite heavy negativism, marking the zone for accumulation according to trader Michaël van de Poppe.
Price at $64020.65 sits inside Bollinger Bands with upper resistance at $64704.41 while the EMA50 at $62795.14 and EMA200 at $63955.14 provide layered support; the MACD golden cross at 360.76 reinforces bullish structure even as RSI at 59.26 stays neutral, suggesting any pullback to the 50-EMA offers a high-probability reload before continuation.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast