Bitcoin: Weekly Shakeout Looms Before Next Move

Bitcoin may need one last shakeout before the next move on the weekly chart, according to trader @TATrader_Alan. Historical Bitcoin shakeout patterns before bull runs show similar setups in the past year. BTC price prediction models now hinge on the 4h confluence where price tests upper Bollinger resistance at $64090.79 while the MACD golden cross at -448.66 hints at building momentum despite the bearish EMA50 at $65294.16 and EMA200 at $72391.96. With RSI neutral at 54.17, a healthy retracement toward lower band support at $59504.5 appears probable before continuation.