Bitcoin: Trader Eyes $61K at 200-Week MA

Bitcoin faces a decisive test beneath the $66K zone where Michaël van de Poppe plans fresh longs, with the $61K region at the 200-week moving average historical support levels acting as the primary accumulation magnet. Past cycles show BTC price action at $60k-$66k zones repeatedly produced sharp rebounds once that long-term floor held. On the 4h chart price sits at $67055.69 inside a bearish structure with EMA50 at $72533.54 and EMA200 at $75773.71 capping upside, while RSI at 24.55 signals oversold conditions and MACD death cross at -1923.67 confirms downside momentum; the Bollinger band lower edge at $65378.41 now serves as the immediate volatility exhaustion target before any sustained recovery attempt.