Bitcoin trades near $61850.5 while the Dollar Index posts fresh bull signals after its August 2025 weekly death cross stalled the prior downtrend. Historical data since 2009 shows these crosses marking bottoms and reversals rather than sustained declines, and rising Treasury yields now reinforce the case for a fresh DXY upswing that typically pressures risk assets.

Price action on the 4h chart shows BTC inside the Bollinger Bands with upper resistance at $63823.7 and lower support at $59573.32; the neutral RSI at 41.49 combined with the MACD golden cross at -1187.0 suggests short-term momentum building even as the bearish EMA50 at $65555.73 and EMA200 at $72704.36 cap upside. Traders watching BTC price prediction models and crypto market correlation with the dollar should note this Bitcoin technical analysis setup favors a test of EMA50 before any continuation higher.