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Elon Musk: Bitcoin Is a Good Thing | Flash News Detail | Blockchain.News
Latest Update
6/12/2026 2:44:00 PM

Elon Musk: Bitcoin Is a Good Thing

Elon Musk: Bitcoin Is a Good Thing

Elon Musk calls Bitcoin a good thing at $63825.66 as BTC holds bullish EMA50 support with MACD golden cross intact.

Source

Analysis

Elon Musk declared “Bitcoin is a good thing,” a statement that historically moved BTC markets over the past year.

Price sits at $63825.66 inside the Bollinger band with the 50-EMA at $63724.59 acting as immediate support while the MACD golden cross and neutral RSI at 57.18 keep the structure bullish; a test of upper-band resistance at $64350.39 could trigger a healthy retracement before continuation, shaping near-term BTC price prediction and shielding against any sudden crypto market crash narrative.


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