Bitcoin: Bull Cycle Signals Strengthen

Bitcoin at $83872.88 draws fresh capital as @MNFund_ shifts summer allocation toward core holdings including $BTC, $ETH and $NEAR instead of volatility trades.

Over the past three months sentiment flipped from depression to euphoria while Bitcoin broke its six-month accumulation range, reclaimed the 50-week MA and printed a new higher high on weekly bullish divergence that echoes the 2022 bottom.

Price sits inside Bollinger Bands with upper resistance at $85120.0 and lower support at $83007.12; the 4h chart shows EMA50 at $83481.26 acting as immediate support above the EMA200 at $78945.89, RSI at 48.68 in neutral territory and MACD still printing a death cross at -135. With price testing upper Bollinger resistance while momentum remains balanced, a healthy retracement toward the 50-EMA support at $83481.26 appears probable before continuation higher. This setup fuels BTC price prediction models and crypto market reversal narratives for the next quarter.