Dragosch Sees Permanent Bitcoin Floor Above $60K

Bitcoin's price has drawn attention after André Dragosch made a bold prediction that the asset will never trade below $60,000 again.

This statement echoes models built on six months of institutional Bitcoin adoption trends, which are used to make predictions about future price movements.

The current price of $78,063.89 holds a bullish structure above the 50-day exponential moving average (EMA) at $77,140.9, while the 200-day EMA at $70,580.74 provides longer-term support.

Despite this, the MACD death cross at -65.78 tempers momentum, and the neutral Relative Strength Index (RSI) of 47.84 leaves room for continuation toward upper Bollinger resistance at $80,626.04 before any potential pullback to the $76,692.19 band floor.