Bitcoin: STRC Bounce Eyes BTC Catch-Up Move
Bitcoin at $58585 tests lower Bollinger support as STRC bounce raises catch-up odds; BTC price prediction hinges on no further MSTR drops.
SourceAnalysis
Bitcoin showed zero reaction to yesterday's sharp $STRC bounce, a move @CryptoMichNL links to final H1-Q2-M6 trading flows that often delay follow-through into the next session.
Traders now watch for sustained $STRC and $MSTR strength before BTC accelerates; the 4h chart shows price at $58585 locked in a bearish structure beneath the EMA50 at $60833.86 and EMA200 at $65770.09, with MACD at -423.96 confirming the death cross while RSI at 33.93 sits neutral and price probes the lower Bollinger band support near $58926.24, setting up a potential relief rally only if that floor holds.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast