Bitcoin: Fund Outperforms BTC by 20% on Upward Move

Bitcoin has seen a strong move upwards as it's trending away from its cheapest valuation in years, with MN Fund reporting a 20% outperformance versus BTC and just a 12% drawdown since launching during a full year of bear market conditions while many altcoins lost 80%.

Price action at $77365.21 sits below the EMA50 resistance at $78135.9 yet above the EMA200 support at $74210.61, with MACD showing a bullish golden cross at -374.61 and RSI neutral at 42.77 inside the Bollinger Bands; this confluence points to a likely test of upper band resistance near $78604.63 before any healthy retracement toward the 50-EMA level as Bitcoin price prediction models like the Power Law indicate sustained recovery from Q2 levels near $60000.