Bitcoin: Ticks Up to $64K After Inflation Slowdown
Bitcoin climbs to $64640.81 after largest inflation slowdown in six years, with 4h chart showing bullish MACD golden cross and EMA50 support at $63220.18.
SourceAnalysis
Bitcoin advanced to $64640.81 after the largest inflation slowdown in six years, extending gains from the past twelve months of macro easing.
Price holds inside Bollinger Bands with upper resistance at $65149.68. The 4h structure remains bullish as EMA50 at $63220.18 and EMA200 at $63729.05 act as layered support while MACD prints a golden cross at 22.38. RSI at 63.28 leaves room before overbought territory, suggesting any pullback targets the 50-EMA before continuation.
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