Bitcoin: 21-Week MA Break Eyes $82,000 Resistance

Bitcoin faces its next decisive test at the $82,000 zone, a level that has capped every prior cycle recovery according to @CryptoMichNL.

Traders watch the 21-Week MA for confirmation that the bear market has ended, opening the path to the 50-Week MA before any consolidation phase ahead of new ATHs. BTC price prediction models now hinge on whether price can sustain above that moving average to avoid a repeat of historical stalls.

Price currently sits at $64345.39 inside the Bollinger Bands with the upper band at $65196.64 acting as immediate resistance. The EMA50 at $63058.3 and EMA200 at $63938.69 provide layered support while MACD registers a bullish golden cross at 402.8 and RSI holds neutral at 62.21, suggesting room for continuation once the weekly structure aligns.