Bitcoin: Upside Momentum Holds Above $65K
Bitcoin at $64138 shows EMA support intact with $65K breakout ahead as Michaël van de Poppe flags strong run despite correction.
SourceAnalysis
Bitcoin at $64138.39 keeps its bullish structure after the recent pullback, with Michaël van de Poppe noting a clear path above $65K for the next leg higher. Price sits above both the EMA50 at $63784.8 and EMA200 at $63710.96, turning those averages into concrete support zones that have held through the last six months of consolidation. BTC price prediction models now focus on the upper Bollinger Band at $66126.38 as the immediate volatility target, while the neutral RSI(14) at 50.05 leaves room for continuation before any overbought signal appears. The MACD(12,26) death cross at 228.93 signals short-term caution, yet the overall trend structure favors a healthy retracement only to the 50-EMA before fresh buying resumes. Traders watching Bitcoin technical analysis see the lower band at $62110.13 as the line that must hold to prevent any deeper crypto market correction from derailing the run.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast