Bitcoin: Stalls Below $65,000 Breakout Zone
Bitcoin holds at $63025 without clearing the $64000-65000 zone as SpaceX IPO caps momentum and traders watch higher lows.
SourceAnalysis
Bitcoin trades unchanged near $63025 with no breakout above the critical $64000-65000 area required to restore market momentum. SpaceX IPO timing makes an immediate push unlikely while lower timeframes defend higher lows. On the 4h chart price tests upper Bollinger resistance at $64088 as RSI(14) prints neutral 51.82 and MACD shows a bullish golden cross at 120.83, pointing to probable retracement toward EMA50 support at $63713 before continuation. Sustained higher lows plus Middle East resolution should unlock strong liquidity inflows next week and reshape BTC price prediction models, Bitcoin breakout levels and overall crypto market momentum.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast