Bitcoin: Traders Battle at $77.8k Level

Bitcoin faces intense pressure at the $77.8k level according to @MI_Algos FireCharts data, raising questions whether bulls can defend the zone or face deeper correction.

Price action on the 4h chart reveals BTC trading inside Bollinger Bands with upper resistance at $80420.59 while the MACD death cross at 1061.44 signals weakening momentum despite neutral RSI at 56.97, making a healthy retracement to EMA50 support at $75067.54 probable before continuation. This setup directly informs near-term BTC price prediction models and Bitcoin technical analysis for traders monitoring crypto market volatility.