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Latest Update
7/8/2026 8:46:00 AM

BTC: Holds Above $60K as Middle East Tensions Rise

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.

Source

Analysis

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

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast

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