Bitcoin: Pump Sparks Bull Market Debate

Bitcoin pumps to $77308.88 while EMA50 at $67873.96 and EMA200 at $65125.82 anchor the bullish structure. Material Indicators questions whether this marks a new bull market or another trap in their latest broadcast. With price testing upper Bollinger resistance at $79626.73 while RSI flashes 94.38 overbought and MACD golden cross prints 3285.52, a healthy retracement to the 50-EMA support at $67873.96 seems probable before further continuation. Institutional desks now refine BTC price prediction models and scan for crypto market crash signals amid the overbought momentum.