Bitcoin: Rebound to $77K After $74K Pullback

Bitcoin slipped from $79K to $74K before climbing back toward $77K as momentum and on-chain activity cooled according to Glassnode.

Price now sits at $77667.86 inside the Bollinger Bands with upper resistance at $78269.32 and lower support at $74685.42. The 4-hour structure remains bullish as price holds above both EMA50 at $77263.62 and EMA200 at $77322.38 while MACD prints a Golden Cross at 87.93 and RSI at 58.25 stays neutral. This confluence points to a measured test of the upper band before any deeper retracement to the 50-EMA support zone.