Bitcoin: Weekly MA Close Lifts $80K Rally Odds
Bitcoin holds above 200-week MA at $64257.62 with 4h MACD golden cross intact, raising odds of $80-85K rally if $66K breaks.
SourceAnalysis
Bitcoin posted another weekly close above its 200-week moving average, with BTC trading at $64257.62 on the 4h chart inside the Bollinger band between $62208.58 support and $64821.08 resistance. Price sits just above the EMA50 at $64165.99 while the EMA200 at $68542.63 caps the longer-term structure; the MACD(12,26) registers a bullish golden cross at -31.1 and RSI(14) holds neutral at 52.92. Michaël van de Poppe noted that a second consecutive weekly close above the long-term average plus a decisive break back above $66,000 would raise the probability that the low is in and open a path toward the $80-85K zone within the next quarter. With price testing upper Bollinger resistance while RSI remains balanced, a healthy retracement toward the 50-EMA support at $64165.99 appears probable before continuation toward higher targets in the current BTC price prediction cycle.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast