Bitcoin: Erases Three Months of Losses in Three Sessions

Bitcoin BTC just erased the last 3 months of pain for the Bitcoin bulls in 3 trading sessions, lifting price to $77123.66.

Price now tests upper Bollinger resistance at $78692.6 while RSI(14) prints 94.26 overbought and MACD(12,26) holds its golden cross at 3168.39. A healthy retracement toward the 50-EMA support at $67485.66 looks probable before the next leg higher, according to institutional flows tracking BTC price prediction models and Bitcoin technical analysis.