Bitcoin: Hits $71,500 First Time in 80 Days
Bitcoin reaches $71,500 for first time in 80 days, surging 11.5% and adding $147 billion to market cap amid bullish 4h chart signals.
SourceAnalysis
Bitcoin reaches $71,500 for the first time in 80 days, surging +11.50% in 24 hours and adding $147 billion to its market cap.
Price action on the 4h chart shows BTC testing upper Bollinger resistance at $70942.94 with RSI at 88.87 flashing overbought conditions, while the MACD golden cross at 1692.06 keeps the bullish structure intact above EMA50 support at $65102.3 and EMA200 at $64248.57, suggesting a probable retracement before continuation higher in this BTC price history cycle.
Bull Theory
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