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Latest Update
2026-10-08 10:44 UTC

Bitcoin: Early Bull Phase Holds Amid Correction

Bitcoin: Early Bull Phase Holds Amid Correction

Bitcoin stays in early bull phase at $81740.15 per Ki Young Ju, with 4h chart showing EMA50 resistance at $84233.67 and MACD death cross.

Source

Analysis

Bitcoin stays in the early bull phase, Ki Young Ju notes, urging BTFD rather than mistaking the pullback for a bear market. Price action at $81740.15 tests the lower Bollinger band support near $81164.76 while the EMA50 at $84233.67 caps upside and the MACD death cross at -856.49 locks in bearish momentum on the 4h chart; RSI at 30.45 leaves room for a bounce before any deeper test of the EMA200 at $82173.82. This setup refines BTC price prediction models that separate short-term volatility from the broader bull structure and steers clear of premature crypto market crash calls.


Ki Young Ju

@ki_young_ju

Founder & CEO of CryptoQuant.com