Bitcoin: Trader Eyes Long at $63,750-$64,000
Bitcoin trader Michaël van de Poppe eyes BTC long between $63,750-$64,000 at current $64,768.98, targeting $65,000 strength before September breakout.
SourceAnalysis
Bitcoin trader Michaël van de Poppe targets a long entry on BTC between $63,750 and $64,000, preferring strength toward $65,000 over any deep pullback that would signal weakness.
With price testing upper Bollinger resistance at $64812.74 while RSI flashes overbought at 71.13, a healthy retracement to the 50-EMA support at $63749.08 seems probable before further continuation, especially as the MACD golden cross at 283.07 keeps the broader bullish structure intact above the 200-EMA at $63785.46.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast