Bitcoin at $62049.45 must secure a higher low and reclaim both the 21-MA and the $65,000 level to prevent a cascade toward sub-$59,000 this summer, according to Michaël van de Poppe.

Price sits inside the Bollinger Bands with lower support at $61713.66 while the EMA50 at $63700.2 and EMA200 at $68019.12 mark layered resistance in the prevailing bearish trend; the MACD death cross at -427.14 keeps downside pressure intact and RSI at 34.6 offers no immediate reversal signal. A sustained push above the upper band at $65242.53 would open the path to the $79,000 target, whereas failure keeps BTC price prediction models tilted toward a sweep of recent lows before any summer recovery.