Bitcoin: Breaks Out of Downtrend

Bitcoin has shattered its long-term downtrend, reclaiming the $81k level as momentum surges back into play, according to prominent trader @CryptoKing4Ever. The chart signals a push toward $92k and potentially six figures if this breakout sustains, with major resistance now acting as support and liquidity rotating aggressively into BTC. This shift aligns with broader crypto bull run vibes, echoing recent hype around assets like TAO in the decentralized AI space, as market structure turns increasingly bullish week over week.

On the 4-hour chart, Bitcoin trades at $81111.91 within a clear bullish trend, hugging the EMA50 at $80275.59 as immediate support while the EMA200 at $76471.32 anchors the longer-term floor. MACD flashes a golden cross at 235.61, confirming building upside strength, yet RSI at 53.97 stays neutral, suggesting room for more gains before overbought territory hits. Price probes the upper Bollinger Band resistance near $81797.23, with the lower support at $79699.41 offering a safety net—expect a quick test of that upper band before any pullback, setting up confluence for continuation if volatility holds steady, much like we've seen in prior BTC price prediction cycles amid fading crypto market crash fears.