Bitcoin: Trader Calls for Higher Low Above $61,000

Bitcoin posted solid price action, according to trader @CryptoMichNL, who insists on a higher low and prefers BTC sustain above the $61,000-61,500 zone rather than correct to $59,000.

Price currently sits at $62,611.02 inside the Bollinger Bands on the 4h chart. The bullish EMA50 at $61,483.53 acts as immediate support while the MACD golden cross at 677.4 keeps momentum intact; any push toward upper-band resistance at $63,753 would likely meet a healthy pullback to that EMA50 before continuation toward the $70,000 zone outlined in the BTC price prediction.