Michael Saylor: Bitcoin Leverage Warning Delivered
Michael Saylor: Bitcoin leverage warning at $59615.82 as EMA50 resistance caps upside and MACD signals bearish continuation.
SourceAnalysis
Michael Saylor cautioned investors that arriving early to Bitcoin means enduring volatility, stressing the sole errors are excessive leverage triggering liquidation or halting accumulation altogether.
Price sits at $59615.82 beneath the EMA50 at $62746.72 and EMA200 at $67487.69, confirming the bearish structure while MACD at -1021.66 prints a death cross. With RSI at 33.78 still neutral and price inside the Bollinger band, the upper resistance at $65027.03 offers the next volatility target before any test of lower support near $58750.32. BTC price prediction models now hinge on whether buyers defend the band floor or allow further compression toward the 50-EMA confluence.
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