Bitcoin: Rejected Below 21/50 SMA Death Cross

Bitcoin rejected below the bearish 21/50-day SMA cross even after the $82.5k liquidity roof was pulled, according to @MI_Algos, with price action now focused on whether the next 4H and daily closes produce a higher low or lower low to determine a reclaim of the 50-day SMA or a fade below $80k. On the 4H chart BTC trades at $80621.25 inside a bearish structure defined by the EMA50 at $81081.66 and EMA200 at $81722.15, while RSI at 48.39 remains neutral and MACD shows a bullish golden cross at -38.52; with price pressing the upper Bollinger Band resistance at $81387.2, a healthy retracement toward the 50-EMA support near $81081 appears probable before any sustained continuation attempt.