Bitcoin: Support Zone Holds as Resistance Retest Begins

Bitcoin support zone first flagged in February 2026 has held through the May retest and deep pullback, allowing recovery of most losses as price now tests the prior rejection area turned resistance.

With BTC trading at $78915.07 inside Bollinger Bands on the 4h chart, the bullish trend structure sees EMA50 at $74049.5 as key support while upper band resistance sits at $80262.96 and RSI at 63.21, pointing to a probable healthy retracement to the 50-EMA before continuation in ongoing BTC price prediction and Bitcoin technical analysis scenarios.