- Technical outlook: Bitcoin's rally resumes with increasing momentum:

Bitcoin is currently trading at $81,064, maintaining a neutral-to-bullish trend, as it stays above its short- and medium-term exponential moving averages (EMAs). The digital currency remains supported by the 50-day EMA near $76,417, and the 100-day EMA around $76,755, while the SuperTrend line at approximately $75,598 supports the broader bullish outlook.

Momentum is mixed, with the Relative Strength Index (RSI) hovering just above 60 on the daily chart, indicating sustained underlying demand, even as the Moving Average Convergence Divergence (MACD) chart slips slightly into negative territory, suggesting a decline in near-term bullish confidence.

Daily chart of BTC/USDT pair

On the positive side, the 200-day EMA serves as the first notable barrier, currently forming resistance around $81,850, limiting any immediate further gains. A clear daily close above this level could open the way for the market toward new all-time highs. On the downside, any initial pullback is expected to encounter demand at the key $80,000 level, followed by the converging 50- and 100-day EMAs between $76,417 and $76,755, with a larger decline toward the SuperTrend support near $75,600 potentially attracting buying interest on dips.
$BTC