Bitcoin: Consolidation Persists Near $78K Resistance

Bitcoin remains locked in consolidation with no structural shift, as Michaël van de Poppe notes that a decisive break above $78,000 would ignite altcoin strength and fuel fresh highs over the coming weeks.

Price action on the 4h chart places BTC at $77853.36 directly testing upper Bollinger resistance at $77846.05 while the EMA50 at $77859.25 caps upside and the EMA200 at $74334.45 anchors deeper support. RSI at 54.5 stays neutral and the MACD golden cross at -136.77 signals building momentum, suggesting a healthy pullback toward the 50-EMA before continuation.

Traders tracking BTC price prediction models and Bitcoin breakout levels now focus on whether this resistance yields to sustain the move higher.