Bitcoin: $76,700 Flip Sets Bullish Long Entry
Bitcoin at $76,700 flip offers strong long entry to range high as markets stay bullish with 4h chart showing EMA50 support at $77205.35.
SourceAnalysis
Bitcoin traders eye any flip above $76,700 as a prime long entry toward the range high, with BTC markets holding bullish structure according to @CryptoMichNL.
Price currently sits at $78032.64 above the EMA50 at $77205.35 and EMA200 at $74639.38, confirming the bullish trend while MACD registers a golden cross at 58.63. With price testing upper Bollinger resistance at $77815.04 and RSI at 63.41 remaining neutral, a healthy retracement to the 50-EMA support at $77205.35 appears probable before continuation higher. This setup aligns with recent BTC price prediction models and broader crypto market crash resilience narratives.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast