Bitcoin: Crosses $79,000 With $100M Liquidations
Bitcoin crosses $79,000 as Ethereum reclaims $2,600 and $100 million liquidations hit crypto markets in 60 minutes.
SourceAnalysis
Bitcoin crossed $79,000 while Ethereum reclaimed $2,600 and over $100 million was liquidated in the last hour.
Price action at $78795.06 tests the upper Bollinger Band resistance at $78729.26 inside a bullish structure where the EMA50 at $77962.12 and EMA200 at $74425.92 act as layered support; the MACD golden cross at 153.81 confirms trend strength even as RSI at 62.7 leaves room before overbought conditions trigger a pullback to the 50-EMA.
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