Bitcoin: Hits $85,000 Highest Since January
Bitcoin reaches $85,000, its highest level since January, sparking debate on whether the crypto winter has ended amid bullish 4h chart signals.
SourceAnalysis
Bitcoin climbed to $85,046.12, marking its highest print since January as traders debate the end of the crypto winter.
The move extends gains built over the past six months, with BTC price action now testing fresh resistance after a steady recovery from 2025 lows.
Price action on the 4h chart shows a bullish trend with price testing upper Bollinger resistance at $84,237.03 while RSI(14) sits at 83.68 in overbought territory and MACD confirms a golden cross at 1,375.12. A healthy retracement toward the EMA50 support at $79,571.17 appears probable before continuation higher.
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