Cathie Wood: Bitcoin Has Bottomed
Cathie Wood declares Bitcoin bottomed at $62785.46, eyeing resumption of volatile uptrend with EMA50 support at $61584.5 and neutral RSI 60.65.
SourceAnalysis
Cathie Wood declares Bitcoin has bottomed and will resume its volatile uptrend. Price sits at $62785.46 inside Bollinger Bands, testing upper resistance at $63577.89 while EMA50 holds as concrete support at $61584.5 and EMA200 caps at $64474.89. With RSI(14) neutral at 60.65 and MACD showing a death cross, the structure points to a measured pullback toward the 50-EMA before any continuation higher in this BTC price prediction cycle. Traders watch for volatility exhaustion at the bands rather than a crypto market crash repeat from the past year.
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