Michael Saylor: Bitcoin Bottomed at $60K, Eyes Spring Rally
Michael Saylor declares Bitcoin bottomed at $60K and forecasts spring phase rally despite macro headwinds, with BTC trading at $78047.73.
SourceAnalysis
Michael Saylor asserts Bitcoin bottomed at $60K and now enters the spring phase of its market cycle with solid support at current levels despite macro headwinds.
Price action on the 4h chart shows BTC at $78047.73 testing upper Bollinger resistance at $78170.63 while RSI(14) holds neutral at 54.5 and MACD prints a bullish golden cross, yet the structure remains bearish with price pinned below EMA50 at $78150.65, suggesting a healthy retracement toward the $77383.48 EMA200 support before continuation higher.
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