Bitcoin: Largest Weekly Gain Since March 2023
Bitcoin at $77528.65 targets largest weekly gain since March 2023 as 4h chart shows bullish MACD golden cross but overbought RSI.
SourceAnalysis
Bitcoin is on track to post its largest weekly gain since March 2023.
Price sits at $77528.65 above EMA50 support at $67882.58 and EMA200 at $65128.01 with MACD golden cross at 3303.05 confirming trend strength, yet RSI at 94.52 flashes overbought near upper Bollinger resistance of $79673.0, pointing to a probable retracement toward the 50-EMA before continuation. This move shapes BTC price prediction models and counters crypto market crash narratives while highlighting Bitcoin weekly performance in the last six months.
Bull Theory
@BullTheoryioResearch, Trades, onchain plays and all other crypto stuff simplified.Publishes institutional-grade cryptocurrency research and blockchain market intelligence. Delivers in-depth analysis of on-chain metrics, tokenomics, and decentralized finance (DeFi) ecosystems. Features proprietary data models, investment thesis breakdowns, and macro-level crypto trend forecasts. Provides strategic insights for sophisticated investors navigating digital asset markets. Maintains rigorous methodology in fundamental and technical analysis across crypto assets.
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