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Bitcoin is currently at 80,800. Don’t let market noise throw off the pace. People who have been going long continuously from 60,000 to 75,000 really don’t fear missing out.
The daily (day K) chart shows that the rebound that started from 59,800 is still ongoing. The price has held above the middle band of the Bollinger Bands, the moving averages are aligned bullishly, and the EMA120 has turned upward—there is a clear recovery in the mid-term trend.
The MACD golden cross continues. The red histogram is shrinking, but there is no top divergence. Upward momentum is weakening but has not reversed. Resistance is at 82,000-83,000, support is at 78,500, and overall price action is still within the rebound channel.
The four-hour chart is oscillating and moving upward. The price is supported by EMA15 and EMA30, which are lifting. Pullbacks show strong follow-through/support. MACD is sticking at a high level above the zero axis; the red histogram is shortening. The short term still needs range-bound consolidation, and the Bollinger Bands are tightening/closing. Resistance is at 82,800, support is at 80,000. This is a stage of building up for an advance—waiting for a directional breakout.
For trades: go long at 80,000-80,500. Targets are 82,000-83,000.
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