Bitcoin: Surges Above $79,000 in 30% Rally
Bitcoin surges above $79,000, up 30% in four days as crypto markets add $450 billion in market cap since Monday.
SourceAnalysis
Bitcoin surges above $79,000, up 30% in four days as crypto markets add $450 billion in market cap since Monday.
Price action shows BTC testing upper Bollinger resistance at $77902.67 while RSI(14) at 94.63 signals overbought conditions, making a retracement toward EMA50 support at $67136.76 probable before continuation. The MACD golden cross at 3088.58 reinforces the bullish structure above EMA200 at $64883.92, with volatility bands containing the move inside the range.
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