Bitcoin: 50-Week SMA Rejection at $81.2K
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.
SourceAnalysis
Bitcoin bulls tested technical resistance at the 50 Week SMA with a wick to $81.2K before order flow shifted to selling, allowing @KAProductions to snipe a short now protected by trailing stop loss for MI_Algos premium members.
Price sits at $79233.4 inside Bollinger Bands with upper resistance at $80491.96; the 4h structure remains bullish above EMA50 at $74274.82 yet MACD death cross at 1619.75 signals momentum fade, so a healthy retracement toward that EMA50 support appears probable before any retest of upper band resistance. Traders seeking BTC price prediction levels should monitor the Q2 2025 Timescape at $78.3K while watching for crypto market crash signals if liquidity drains below it.
Material Indicators
@MI_AlgosA comprehensive crypto analytics platform offering trading signals and market data