Bitcoin: Upward Bounce Shows Bullish Divergence
Bitcoin at $60058.77 bounces on 4h chart with MACD golden cross and neutral RSI as traders watch $61000 break.
SourceAnalysis
Bitcoin opens the week with an upward bounce to $60058.77 after Michaël van de Poppe highlighted bullish divergence that traders should not ignore.
Price sits inside Bollinger Bands with upper resistance at $60850.87 while the bearish structure keeps EMA50 at $61281.28 and EMA200 at $66285.5 acting as overhead resistance; the MACD golden cross at -421.48 paired with RSI at 45.54 neutral creates confluence for a push toward $61000 before any deeper test of lower band support at $59353.65, refining near-term BTC price prediction scenarios.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast