Bitcoin: Monthly Regression Channel Hits Bottom

Bitcoin has touched the floor of its all-time regression channel on the monthly chart, according to trader @TATrader_Alan, setting up a potential surge back to the dashed orange line.

Price currently prints $77982.65 on the 4-hour chart, pressing against lower Bollinger support near $77537.29 while the EMA50 at $80013.37 acts as immediate overhead resistance. The MACD death cross at -572.73 keeps downside pressure intact, yet RSI at 33.77 leaves room for a sharp reversal without entering oversold territory. This confluence points to a measured bounce toward the EMA50 before any extension higher, reinforcing a constructive BTC price prediction for the coming weeks. Traders monitoring Bitcoin technical analysis will watch for a clean reclaim of $80013.37 to confirm the monthly channel rebound and sidestep broader crypto market volatility risks.