Bitcoin: Resistance Builds Between $79K and $84K
Bitcoin resistance levels sit between $79,000 and $84,000 with price at $77,220.32 on 4h chart showing overbought RSI and death cross.
SourceAnalysis
Bitcoin meets heavy resistance between $79,000 and $84,000, according to trader Omkar Godbole.
BTC trades at $77,220.32 inside Bollinger Bands on the 4h chart. Price tests upper resistance at $80,123.65 while RSI(14) at 70.51 signals overbought conditions and MACD registers a bearish death cross at 2,302.37. A retracement toward EMA50 support at $71,200.92 appears likely before any push higher, with EMA200 at $66,413.92 acting as deeper floor. This setup shapes near-term BTC price prediction amid ongoing crypto market analysis and Bitcoin resistance levels scrutiny.
Omkar Godbole, MMS Finance, CMT
@godbole17Staff of MMS Finance.