Bitcoin: Trader Flags $78K Support Test

Bitcoin trader @CryptoMichNL warned that the weak bounce leaves price vulnerable unless it holds $78000, with a failure potentially triggering a hard sweep toward $74000 buy zones that would also create magnificent opportunities for altcoins. Current price sits at $78281.41 inside the Bollinger band, testing resistance near the upper band at $80141.32 while the EMA50 at $78903.42 acts as immediate overhead resistance and the EMA200 at $74037.45 marks deeper structural support; the MACD death cross at -237.96 reinforces the bearish trend structure even as RSI at 41.66 remains neutral. This setup echoes recent Bitcoin historical support levels analysis and altcoin performance correlation during corrections, sharpening BTC price prediction models for the next leg lower.