Bitcoin: Golden Cross Looms as Rally Cools
Bitcoin at $77157.27 tests lower Bollinger support while MACD signals death cross; golden cross setup emerges on daily despite bearish 4h structure.
SourceAnalysis
Bitcoin rally cools at $77157.27 yet daily golden cross formation draws closer according to DecryptMedia.
Price sits below EMA50 at $78689.43 and above EMA200 at $74103.41 on the 4h chart, confirming bearish trend structure. RSI at 31.77 reads neutral while MACD prints -451.74 in death cross territory. With price testing lower Bollinger support at $77285.67 against upper resistance at $79714.16, a bounce toward EMA50 resistance appears likely before any sustained continuation higher. Traders watching BTC price prediction models now focus on whether daily golden cross overrides this 4h confluence.
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@DecryptMediaDelivers cutting-edge news and educational content on cryptocurrency, decentralized finance, and Web3 innovations for a global audience of blockchain enthusiasts.
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