Latest Update
2026-10-01 05:58 UTC

Bitcoin: Sell Wall Holds at $85.7k Resistance

Bitcoin: Sell Wall Holds at $85.7k Resistance

Bitcoin holds $85.7k sell wall as FireCharts shows roof pull; 4h data reveals EMA50 support at $83575.94 with MACD golden cross intact.

Source

Analysis

Bitcoin faced a firm sell wall at $85.7k that capped morning volatility yesterday, and today FireCharts data confirms a roof pull at the same level with bulls still lacking momentum to fill the liquidity gap above. Current price sits at $84164.91 inside the Bollinger band, testing upper resistance at $84383.75 while the EMA50 at $83575.94 and EMA200 at $79874.36 anchor the bullish trend structure; RSI at 54.2 stays neutral and MACD at -18.17 maintains its golden cross, suggesting any near-term pullback would likely target the 50-EMA before continuation. Traders tracking BTC price prediction models and Bitcoin resistance analysis note the setup aligns with recent crypto volatility patterns seen over the past six months.


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