Bitcoin: Reclaims 4H Trend as Bulls Defend Opens
Bitcoin at $77280 reclaims 4H trend with MACD golden cross while bulls target daily and weekly opens on any dip.
SourceAnalysis
Bitcoin has slipped back inside its 4H trend channel, prompting traders to watch whether bulls can defend the daily and weekly opens on the next dip.
Price sits at $77280.14 beneath the EMA50 at $78194.62 yet just under the EMA200 at $77380.46, keeping the broader structure bearish while the MACD registers a bullish golden cross at -170.29. With RSI at a neutral 45.69 and price still inside the Bollinger Bands, the upper band at $78041.81 now acts as immediate resistance and the lower band at $76250.13 as short-term support; a clean hold above the daily and weekly opens would likely trigger a measured retracement toward the 50-EMA before any continuation higher.
Skew Δ
@52kskewFull time trader & analyst