Bitcoin: Reclaim $78K for $90K Rally Ahead
Bitcoin at $77,376.75 holds range low with altcoins stirring; reclaim $78,000 opens path to $90,000 per analyst, supported by MACD golden cross on 4h chart.
SourceAnalysis
Bitcoin sits at range lows near $77,376.75 as @CryptoMichNL flags limited downside risk and fresh altcoin momentum, with a clean reclaim of $78,000 expected to unlock the next leg toward $90,000 within weeks.
Price action on the 4h chart shows BTC trading inside the Bollinger Bands with upper resistance at $77,637.07 while the EMA50 at $77,919.28 caps upside and the EMA200 at $74,276.69 anchors longer-term support; the MACD golden cross at -302.22 supplies bullish momentum even as RSI at 46.99 stays neutral, pointing to a probable test of the upper band before any healthy pullback to the 50-EMA confluence.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast