Bitcoin: $65K Resistance Caps Run Toward $74K | Flash News Detail | Blockchain.News
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6/9/2026 12:01:00 PM

Bitcoin: $65K Resistance Caps Run Toward $74K

Bitcoin: $65K Resistance Caps Run Toward $74K

Bitcoin holds at $62648 with $65K resistance blocking the next leg to $72-74K; 4h chart shows EMA50 confluence and MACD golden cross.

Source

Analysis

Bitcoin remains capped beneath $65K, the former February support now flipped into resistance, while a clean break would open a swift advance to the $72-74K range according to trader Michaël van de Poppe.

Price action at $62648.77 sits inside the Bollinger Bands with the upper band at $64465.82 acting as immediate short-term resistance; the 50-EMA at $64797.66 and the 200-EMA at $71914.57 define the bearish structure, yet the MACD golden cross at -243.42 and neutral RSI of 45.76 suggest momentum is shifting. A test of the upper Bollinger resistance near $64465 while RSI stays below overbought territory raises the probability of a quick retracement toward the 50-EMA support at $64797 before any sustained continuation higher, aligning with BTC price prediction models that flag this level as the gateway to the upper range. The recent selloff appears overdone relative to the prior six-month consolidation, keeping focus on Bitcoin resistance levels rather than any broad crypto market crash scenario.


Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast