Bitcoin: Treasury Buybacks Lift BTC After Summit
Bitcoin climbs on US Treasury buybacks and White House Crypto Summit outcomes for HYPE, XRP and INJ, with 4h chart showing overbought RSI at 85.4.
SourceAnalysis
Bitcoin rallied after US Treasury buybacks and the White House Crypto Summit highlighted fresh policy support for BTC, HYPE, XRP, INJ and COIN.
Price sits at $69238.72 on the 4h chart inside a bullish structure defined by EMA50 at $64439.16 and EMA200 at $64035.01. With price testing upper Bollinger resistance at $68364.17 while RSI(14) prints 85.4 overbought and MACD holds a golden cross at 1085.24, a healthy retracement toward the 50-EMA support at $64439.16 looks probable before the next leg higher. Traders now refine BTC price prediction models around this confluence zone.
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