Bitcoin: Stuck Below $64K Awaiting Breakout
Bitcoin at $61666 stays below $64K as Michaël van de Poppe flags CME gaps at $75K-$79K on breakout, with 4h chart showing EMA50 resistance at $64011.
SourceAnalysis
Bitcoin stays trapped below the $64K threshold per trader Michaël van de Poppe, needing fresh momentum before any decisive break that could target CME gaps at $75K and $79K and pause downside pressure. A clean move above that level would shift BTC price prediction narratives and reduce risks of extended crypto market crash conditions. On the 4h chart Bitcoin sits at $61666.1 inside the Bollinger Bands with the EMA50 at $64011.0 serving as concrete overhead resistance in the bearish trend while the MACD golden cross at -440.28 builds underlying strength against neutral RSI at 44.76, pointing to a likely test of upper band resistance near $64235.99 before any deeper probe of lower support at $60677.17.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast