Bitcoin: Indicators Turn Bullish on 4H Chart

Bitcoin indicators are turning from red to green per analyst Ki Young Ju.

Over the past six months BTC has rebuilt from the March lows on sustained institutional inflows and tightening ETF flows. BTC price prediction models now price in continuation once volatility compresses.

Price sits at $81316.25 inside the Bollinger band with the upper resistance at $82683.42. RSI(14) at 77.33 signals overbought conditions while MACD registers a fresh golden cross at 1180.29. With price testing upper Bollinger resistance while RSI flashes overbought, a healthy retracement to the 50-EMA support at $78159.13 seems probable before further continuation toward the 200-EMA at $75038.8. Crypto market recovery hinges on whether that 50-EMA holds.