Bitcoin: Holds $60k Low With $76k Price in Play | Flash News Detail | Blockchain.News
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5/26/2026 8:40:00 PM

Bitcoin: Holds $60k Low With $76k Price in Play

Bitcoin: Holds $60k Low With $76k Price in Play

Bitcoin trades at $76,020.85 after February 2026 $60k bottom, eyeing $239k resistance while 4h chart shows bearish MACD and neutral RSI.

Source

Analysis

Bitcoin marked its February 2026 low near $60k as a potential bottom before surging to $82k and settling near $76k, keeping the $239k resistance level active on any hold above that floor.

Price action on the 4h chart sits at $76,020.85 beneath the EMA50 at $77,111.41 and EMA200 at $77,313.85, with MACD at -108.88 confirming a death cross while RSI at 41.39 stays neutral inside the Bollinger Bands bounded by $77,868.11 resistance and $75,865.31 support; this confluence points to near-term rejection at the upper band before any test of EMA50 resistance. BTC price prediction models now hinge on whether the February low continues to anchor the structure through the next quarter.


Mihir

@RhythmicAnalyst

Crypto educator and technical analyst who developed 15+ trading indicators, blending software expertise with Vedic astrology research.