Bitcoin: Flips $78K Toward $82.7K Target
Bitcoin at $78689.63 flips $78K post $77K liquidity sweep, targeting $82.7K with bullish 4h MACD golden cross and EMA50 support at $77330.71.
SourceAnalysis
Bitcoin flipped the $78K level after touching $77K in the liquidity sweep and now faces the final hurdle before resuming its attack on the highs with a clear target at $82.7K.
Price action on the 4h chart shows BTC trading inside the Bollinger Bands at $78689.63 with the upper resistance at $80288.4, while the EMA50 at $77330.71 provides concrete support above the EMA200 at $70830.99; the MACD golden cross at 59.53 reinforces bullish momentum even as RSI at 54.06 stays neutral, pointing to a measured push higher in line with prevailing BTC price prediction models and BTC technical analysis setups amid broader crypto market trends.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast