Bitcoin: Corrective Day Eyes $80,600 Reclaim
Bitcoin holds $80,255.83 after corrective session, with $80,600 flip needed to resume run toward highs amid neutral RSI and bearish MACD on 4h chart.
SourceAnalysis
Bitcoin registers a corrective session that follows sustained momentum across BTC and altcoins, keeping price action healthy rather than exhausted.
Analyst @CryptoMichNL flags the $80,600 level as the trigger for the next push higher. On the 4h chart, price at $80,255.83 trades inside the Bollinger Bands with upper resistance at $83,505.38; the neutral RSI at 60.38 combined with the MACD death cross at 981.49 points to near-term consolidation, while the EMA50 at $78,630.99 serves as the primary support that must hold to preserve the bullish structure before any continuation.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast