Bitcoin: Weekly Close Triggers Fresh Short Signal

Bitcoin rejected the 50 Week SMA, dumped to $77k then spiked to $79.4k to clear shorts before closing below the $78,380 Timescape line as Trend Precognition flashed a new short signal.

At $78595.32 price holds a bullish structure above the EMA50 support at $77362.71 while the MACD death cross at -21.25 warns of momentum loss; neutral RSI at 53.08 inside the Bollinger bands points to a likely test of lower support near $76869.84 before any continuation higher, shaping near-term BTC price prediction and crypto market outlook for September.