Bitcoin: Glassnode Flags Sustained Buy Pressure Above $76k

Bitcoin buyers stepped in aggressively once BTC cleared $64k, driving volume delta positive all the way to $76k and leaving buy-side pressure intact at these levels, Glassnode data shows.

At $79694.03 the 4-hour chart shows price testing the upper Bollinger Band resistance at $79011.52 while RSI(14) sits at 75.24 in overbought territory; the EMA50 at $72641.52 remains the key support zone that would likely absorb any healthy retracement before the next leg higher, even as the MACD registers a death cross at 1906.82.