$BTC Bitcoin (BTC) is trading at $78,238 on the daily timeframe. Overview: strong bullish bias; of 7 indicator groups, 4 are bullish, 1 neutral, and 2 bearish. The price is above 4 of 8 moving averages, and the 50-day average is above the 200-day average. The RSI is at 39.1, in the weak zone.
First resistance: $78,925 (+0.9%); first support: $78,005 (−0.3%). A daily close below $78,005 weakens the outlook, while a close above $78,925 strengthens the bullish bias.
Based on automatically calculated technical indicators; not investment advice. Don't forget to buy $DASH #StudyFindsCircleAIAgentWalletLimitsCanBeBypassed #BrazilVirtualAssetLicenseDeadlineDrawsAbout40Firms #BTCPayServerUrgesOperatorsToShutDownInstances $GEVB
First resistance: $78,925 (+0.9%); first support: $78,005 (−0.3%). A daily close below $78,005 weakens the outlook, while a close above $78,925 strengthens the bullish bias.
Based on automatically calculated technical indicators; not investment advice. Don't forget to buy $DASH #StudyFindsCircleAIAgentWalletLimitsCanBeBypassed #BrazilVirtualAssetLicenseDeadlineDrawsAbout40Firms #BTCPayServerUrgesOperatorsToShutDownInstances $GEVB