Bitcoin: Retests $81.4K Support and Bounces
Bitcoin bounces from $81.4K-$81.7K support at $82,946 with EMA200 at $82,210 and bullish MACD golden cross on 4H chart.
SourceAnalysis
Bitcoin pulled back into the $81.4K–$81.7K support zone and bounced as @TATrader_Alan highlighted.
Price sits at $82946.14 inside the Bollinger Bands with upper resistance at $86326.66 and lower support at $80625.56. The 4H structure shows a bearish tilt as price trades below EMA50 at $83939.46 yet holds above EMA200 at $82210.61. RSI at 44.55 remains neutral while MACD at -664.29 prints a bullish golden cross, suggesting the retest may fuel consolidation before any move toward $85K. Traders watch whether BTC holds the zone to build follow-through or loses it for deeper acceptance below.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.