Bitcoin bulls eye breakout above 50-week SMA at $80917.83 with EMA50 support at $77351.73 and RSI overbought at 78.58 on 4h chart.

Bitcoin drops below Timescape R/S Flip line at $78,380 after 50 Week SMA rejection, with bulls needing reclaim for $81,051 breakout attempt at current price $78,023.50.

Bitcoin rejects 50-week SMA at $81.2K after $81.2K wick; trades at $79,233 with 4h confluence showing EMA50 support at $74,275.