Bitcoin: Trader Eyes $65K Target After Impulse
Bitcoin at $64293 eyes $65000 as @CryptoMichNL flags $63800-64000 support zone amid bullish 4h EMA and MACD structure.
SourceAnalysis
Bitcoin posted a strong impulse that @CryptoMichNL tracked in full, with the trader now targeting $65,000 in the coming days or week and seeking longs on any dip into the $63,800-64,000 zone. BTC price currently sits at $64293.14 inside a bullish trend structure where the EMA50 at $63730.42 and EMA200 at $63780.72 act as layered support; the MACD golden cross at 245.12 keeps momentum positive while RSI at 63.95 remains neutral, and price trading inside the Bollinger bands points to a likely probe of upper resistance at $64708.11 before any healthy retracement to the 50-EMA. This BTC price prediction aligns with ongoing Bitcoin technical analysis that favors continuation once buyers defend the noted entry area on lower timeframes.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast