Bitcoin: Trades Exactly on 200-Week Moving Average

Bitcoin trades exactly on its 200-week moving average, a line it has held above 92% of the time since the metric launched, according to Michael Saylor tracking the premium on Strategy.com.

Price action at $63470.58 tests the 4h EMA50 resistance at $63825.9 and EMA200 at $63764.51 while the MACD registers a bullish golden cross at -219.94 and RSI(14) holds neutral at 49.34 inside the Bollinger Bands bounded by $64701.62 upper resistance and $62079.5 lower support, pointing to a potential short-term consolidation before any directional break in BTC price action.