Bitcoin: Van de Poppe Eyes $63,500 Sunday Pump
Bitcoin at $63067.49 faces Sunday pump to $63500 per Michaël van de Poppe before drop below $62000, with BTC price prediction and technical confluence on 4h chart.
SourceAnalysis
Bitcoin at $63067.49 draws fresh BTC price prediction from Michaël van de Poppe who flags a classic Sunday pump into $63500 followed by a slide below $62000 on Monday.
Price sits inside Bollinger Bands with upper resistance at $63663.92 and lower support at $62691.31 while the bearish structure keeps EMA50 at $63622.76 and EMA200 at $63680.01 acting as overhead resistance; the neutral RSI at 40.14 combined with the MACD golden cross at -211.38 points to a short-term squeeze toward the upper band before any reversal to the $62691.31 zone.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast