Bitcoin: Tests Macro Resistance Near $80K
Bitcoin at $77,428 tests major resistance; clean break above $80K targets six figures while rejection risks $50K support per CryptoKing4Ever.
SourceAnalysis
Bitcoin tests one of the largest resistance zones on the macro chart, with a clean break above $80K opening a rapid path toward six figures while rejection targets the $50K region.
Price action at $77428.4 sits above the EMA50 at $77244.22 and EMA200 at $77302.71, confirming the bullish trend structure while the MACD golden cross at -18.07 adds momentum; RSI at 56.06 remains neutral, leaving room for extension toward the upper Bollinger Band resistance at $78309.49 before any deeper pullback to the lower band support at $74668.09.
Crypto King
@CryptoKing4EverSpecializes in cryptocurrency investment and market analysis, with a focus on Bitcoin, Ethereum, and Solana ecosystems. Provides trading strategies and altcoin research for crypto enthusiasts.