Bitcoin: Glassnode Sets $82.8k Target
Bitcoin Vector impulse positive, bitcoin:native +20% with strategy in profit and $82.8k target ahead at $78387.72 spot.
SourceAnalysis
Bitcoin Vector impulse flipped positive from the lows, sending bitcoin:native roughly 20% higher while the strategy remains fully allocated and in profit with the next upside target at $82.8k.
On the 4h chart BTC trades at $78387.72 inside the Bollinger band with upper resistance at $80468.95, holding the EMA50 support at $74424.86 as RSI sits neutral at 57.95 despite the MACD death cross at 1448.35; this setup favors a measured push toward the upper band before any deeper test of the 50-EMA confluence. BTC price prediction models from on-chain desks now price the next leg at $82.8k within the current bullish EMA structure.
glassnode
@glassnodeWorld leading onchain & financial metrics, charts, data & insights for #Bitcoin & digital assets.