Latest Update
8/21/2026 2:06:00 AM

Bitcoin: Godbole Flags $76K Surge Potential

Bitcoin: Godbole Flags $76K Surge Potential

Bitcoin nears $76K as Omkar Godbole cites inverse head-and-shoulders pattern, with price at $74425.05 and RSI at 92.2 on 4h chart.

Source

Analysis

Bitcoin is closing in on the $76K level that Omkar Godbole flagged on August 7 through an inverse head-and-shoulders bottom, a setup often referenced in BTC price prediction analysis.

With price testing upper Bollinger resistance at $75039.24 while RSI flashes overbought at 92.2, a healthy retracement to the 50-EMA support at $66302.75 seems probable before further continuation in this bear market rally.


Omkar Godbole, MMS Finance, CMT

@godbole17

Staff of MMS Finance.