Bitcoin: Prints Higher High on 12-Hour Chart
Bitcoin surges with higher high on 12-hour chart after retesting resistance, holding strong breakout structure amid bullish trends at $78,084.98.
SourceTrader Tardigrade, via @TATrader_Alan, highlights Bitcoin's 12-hour chart printing another higher high post a clean resistance retest, with structure intact through breakout, retest, and reclaim—fueling BTC price prediction optimism in ongoing crypto market trends.
As a senior macro-crypto prop trader, I see confluence stacking up on the 4-hour BTC chart where price at $78,084.98 tests upper volatility resistance near $77,648.46, backed by a bullish MACD golden cross at 468.96 signaling sustained momentum, while the neutral RSI at 64.64 avoids overbought extremes; this sets up for potential consolidation above the EMA50 support at $75,110.73 before pushing higher, especially with EMA200 at $72,277.09 acting as a firm long-term floor amid broader Bitcoin technical analysis pointing to continuation.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.