Bitcoin: Reclaims $78,000 Level in Bull Market

Bitcoin trades at $78076.67 after Michaël van de Poppe highlighted the importance of reclaiming the prior $78,000 level to sustain the grind higher in this bull market.

BTC price action remains constructive with price holding above the EMA50 at $76962.41 while the EMA200 at $70264.31 anchors the longer-term uptrend. The neutral RSI at 48.13 leaves room for continuation, yet the MACD death cross at -58.5 warns of near-term momentum friction. With price testing inside the Bollinger Bands, a push toward upper resistance at $80683.82 appears probable before any healthy retracement to lower band support near $76795.08.