Bitcoin: Positive Divergence Hits $78k Mark

Bitcoin hit $78083.66 after @RhythmicAnalyst flagged the positive divergence call from July 28 on the 1W timeframe, confirming the move higher that analysts tracked through the past six months of consolidation. With price testing upper Bollinger resistance at $77969.19 while RSI flashes overbought at 94.75, a healthy retracement to the 50-EMA support at $67146.76 seems probable before further continuation as the MACD golden cross at 3108.91 keeps the broader bullish structure intact above the 200-EMA at $64886.45. Traders watching BTC price prediction models and Bitcoin technical analysis now focus on whether crypto market trends sustain this momentum without immediate exhaustion.