🌅 $BTC daily: testing 78.17k resistance
BTC pushed above 78k, up 2% on the day with a bullish candle. Dominance sits at 59.32%, BTC leading while alts stay flat. RSI at 60.1 leaves room to run before overbought, and SMA20/SMA50 are converging near 77.4k, typical for an uptrend.
• Support 1: 77.62k
• Support 2: 77.75k
• Resistance 1: 78.17k
• Resistance 2: 78.28k
Plan: a hold above 78.17k favors continuation higher, while a drop back under 77.6k invalidates the bullish case and calls for confirmation before new longs.
Not financial advice.
BTC pushed above 78k, up 2% on the day with a bullish candle. Dominance sits at 59.32%, BTC leading while alts stay flat. RSI at 60.1 leaves room to run before overbought, and SMA20/SMA50 are converging near 77.4k, typical for an uptrend.
• Support 1: 77.62k
• Support 2: 77.75k
• Resistance 1: 78.17k
• Resistance 2: 78.28k
Plan: a hold above 78.17k favors continuation higher, while a drop back under 77.6k invalidates the bullish case and calls for confirmation before new longs.
Not financial advice.
