Bitcoin: Ask Liquidity Builds at $78,380 Level
Bitcoin tests $78,380 resistance as ask liquidity rises on FireCharts; bulls push through binned CVD while 4h EMA50 holds at $77,574.
SourceAnalysis
Bitcoin faces mounting ask liquidity around the Timescape R/S Flip Line at $78,380, according to FireCharts data shared by @MI_Algos. Bulls continue absorbing supply on the binned CVD as price grinds higher from the $76.2k support test.
With price testing upper Bollinger resistance at $79,067.95 while RSI sits neutral at 57.36, a healthy retracement to the 50-EMA support at $77,574.39 appears probable before further continuation. The MACD golden cross and price above the 200-EMA at $72,152.33 keep the broader structure bullish, yet order-flow reversion near the TradFi open remains the key watchpoint for any BTC price prediction update amid ongoing crypto market consolidation.
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