BTC: Holds Above $60K as Middle East Tensions Rise
BTC price stays above $60,000 with $61,000 key support per Michaël van de Poppe amid renewed Middle East conflict and bearish 4h signals.
SourceAnalysis
BTC price holds above $60,000 despite renewed Middle East conflict, according to trader Michaël van de Poppe, who flags the $61,000 area as the critical line before any deeper pullback.
Price action at $61843.01 tests the lower Bollinger Band support near $62090.43 while EMA50 at $62353.46 and EMA200 at $64210.58 cap upside in a confirmed bearish structure; the MACD death cross at 182.76 reinforces downside pressure even as RSI at 41.15 stays neutral, suggesting a shallow correction may stall before retesting the $61,000 confluence zone.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast