Bitcoin: Monthly EMA Dip Signals Rally Start
Bitcoin consolidates below monthly 20 EMA at $77671.22 as 4h chart shows neutral RSI and MACD golden cross ahead of next leg higher.
SourceAnalysis
Bitcoin sits just below the 20 EMA on the monthly chart in a setup @TATrader_Alan calls one of the most bullish in crypto, with history showing prior dips below this level triggered massive buying and the start of the next rally phase in BTC price prediction cycles.
Price at $77671.22 trades inside Bollinger Bands with upper resistance at $77710.63 while RSI(14) holds neutral at 52.25 and MACD registers a bullish golden cross at -207.91, pointing to a probable retracement toward EMA50 support at $77852.69 before continuation in Bitcoin monthly chart analysis and crypto market rally momentum.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.
Premium Sponsors
.jpg)