$BTC closed last week down 2.40% but held the weekly MA 50 for the 6th straight week despite US market bleeding.
Support: $79k | $75,790 (weekly MA 50)
Resistance: $85k | $87,500
RSI at 55 (above 45 = bullish structure intact)
Stochastic RSI losing momentum — don't get bullish until it flips or $BTC reclaims $85k
$BTC already lost daily MA 50. Break below $79k opens the door to $75k (weekly MA 50).
Bull structure holds as long as we stay above $75,790. Lose that and we're in trouble.
This week = high volatility. Watch $79k like your life depends on it.
Support: $79k | $75,790 (weekly MA 50)
Resistance: $85k | $87,500
RSI at 55 (above 45 = bullish structure intact)
Stochastic RSI losing momentum — don't get bullish until it flips or $BTC reclaims $85k
$BTC already lost daily MA 50. Break below $79k opens the door to $75k (weekly MA 50).
Bull structure holds as long as we stay above $75,790. Lose that and we're in trouble.
This week = high volatility. Watch $79k like your life depends on it.