Bitcoin: Weekly RSI Signals Breakout from 2024 Bear Market

Bitcoin weekly RSI shows the bear market started in 2024 and now sits on the cusp of a major breakout, according to trader @godbole17.

Price at $79439.93 holds a bullish structure above the EMA50 at $75906.44 and EMA200 at $69064.17 on the 4h chart, yet the MACD death cross at 792.95 warns of near-term pressure while neutral RSI at 61.36 keeps BTC inside the Bollinger band with upper resistance at $80109.43 acting as the next volatility target before any continuation in this BTC price prediction cycle.