Bitcoin: Holds $61000 Support for $67K-$70K Move
Bitcoin holds $61000 support at $62848.97 price with neutral RSI 51.57, targeting $67000-$70000 per BTC price prediction and Bitcoin support levels analysis.
SourceAnalysis
Bitcoin holds its crucial $61000 support level, setting the stage for upside to $67000-$70000 according to trader @CryptoMichNL.
Technical confluence shows BTC at $62848.97 trading inside Bollinger Bands between $61660.92 and $64299.16 with neutral RSI at 51.57 and bearish MACD death cross, pointing to a probable retest of EMA50 support at $62371.07 before continuation in this BTC price prediction environment.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast