Bitcoin: Shows Robust Upward Momentum

Bitcoin powers ahead with a sharp 4.8% jump in price momentum and a staggering 199.1% surge in spot CVD, per Glassnode's latest Week 18 pulse, pointing to intense buying pressure that's fueling the rally in the crypto market.

Historically, spot CVD metrics from Glassnode have flagged major shifts in Bitcoin buying pressure, much like the momentum surges seen in the past 6-12 months that preceded key breakouts, tying into broader BTC price prediction models amid HYPE around digital assets.

Zooming into the 4h chart, Bitcoin trades at $77,041.61 in a bearish structure where the EMA50 at $77,134.15 caps upside while the EMA200 at $73,765.66 anchors long-term support. Momentum sits neutral with RSI at 44.05, but MACD's death cross at 155.35 screams caution—price hugs the lower Bollinger support of $76,852.98, testing exhaustion before a potential snap back toward the upper band at $78,804.76, especially if buying pressure overrides this confluence of resistance.