Bitcoin: Tests $80,000 as Gold Hits Three-Month High
Bitcoin tests $80,000 with price at $79248.58 while gold hits three-month high; 4h chart shows EMA50 support at $74275.42 amid MACD death cross.
SourceAnalysis
Bitcoin tests $80,000 while gold reaches a three-month high, according to Decrypt Media.
The move comes as BTC trades at $79248.58 inside its Bollinger Bands, with upper resistance at $80494.26 and lower support at $75659.89. Over the past six months Bitcoin has maintained a bullish structure above the EMA50 at $74275.42 and EMA200 at $67916.73, yet the MACD death cross at 1620.96 signals fading momentum.
With price pressing the upper Bollinger Band while RSI(14) sits neutral at 64.26, a healthy retracement toward the 50-EMA support at $74275.42 looks probable before any sustained push higher; traders watching BTC price prediction models will track whether the death cross triggers a deeper pullback or simply pauses the advance.
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