Bitcoin: Daily Break Below $78,380 Targets $69k
Bitcoin breaks below 2025-04-07 Timescape at $78,380 on daily chart, opening path to liquidation cluster at $77.5k and macro support near $75.5k.
SourceAnalysis
Bitcoin has broken below the 2025-04-07 Timescape level near $78,380 on the daily chart, strengthening the Trend Precognition signal from @MI_Algos and exposing deeper support zones including a $77.5k liquidation cluster, the $75.5k macro line, the $71.3k Timescape flip, and the $69k confluence area.
With BTC price at $78574.13 on the 4h chart inside the Bollinger Bands, the upper resistance at $80391.95 acts as short-term exhaustion while the lower band at $76720.31 offers immediate volatility support; the bullish EMA50 at $75186.61 and EMA200 at $68534.12 remain key long-term floors even as MACD at 941.74 shows a death cross and RSI at 56.9 stays neutral, suggesting a healthy retracement to the 50-EMA before any continuation in this BTC price prediction setup amid broader crypto market crash risks.
Material Indicators
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