Goldman Sachs: Bitcoin Equity Basket Breaks Higher

Goldman Sachs Bitcoin-sensitive equity basket breaks higher, confirming fresh upside divergence alongside BTC price action on June 2 2026. BTC trades at $69209.62 while testing the lower Bollinger Band support at $69261.58 with EMA50 resistance at $73616.03 and EMA200 at $76131.82 still capping the structure in a bearish trend. RSI(14) at 18.54 signals deep oversold conditions that often precede short-term relief rallies toward the 50-EMA even as MACD death cross at -1169.72 keeps longer-term momentum negative. Institutional desks now watch whether this equity basket strength feeds into improved BTC price prediction models or simply delays the next leg of any crypto market crash scenario.