#BTCBackAbove81000 BTC Current Scene: $79,839, 24H high $81,473, and after a sharp rally, BTC is now in a pullback.
1-Day Chart — What Is It Saying? Bullish and Overbought Both.
On the daily chart, BTC has formed 7 consecutive green candles and price is above all major moving averages — EMA7, EMA30, EMA120 and EMA200 — which is a sign of structural bullishness. ADX is at 47.16, confirming a strong trend. Daily SAR is at $71,267, providing a strong floor for the uptrend. However, RSI is at 82.06, which is deep in the overbought zone. Historical data suggests that when daily RSI moves above 80,