Digital Currency / Technicals

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Bitcoin Defies Gravity: BTC Holds Above 80,000 USD Milestone Amid Geopolitical Shifts

Following Trump's halt of project freedom, BTCUSD maintains above $80000. It hit an intraday high of $81989 and is now trading at about $81939. Technicals CMP -$81915 Trend 4- Hour chart Value 55 EMA $78755 CMP>55 EMA Bu…

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Bitcoin Defies Gravity: BTC Holds Above 80,000 USD Milestone Amid Geopolitical Shifts
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Following Trump's halt of project freedom, BTCUSD maintains above $80000. It hit an intraday high of $81989 and is now trading at about $81939.

 

Technicals

CMP -$81915

Trend

4- Hour chart

Value

 

 

55 EMA

$78755

CMP>55 EMA

Bullish

200- EMA

$75647

CMP >200- EMA

Bullish

365- EMA

$74594

CMP>365 EMA

Bullish

 Major support- $76000/ $74800/$74000/$73290/$70000/$67000/$64000/$60000. Minor bullishness only above $82000. Any break above targets $85890/$90000.

Momentum indicator (4-hour chart)

Inference

Value

CCI(50)

Bullish

144.75

ADX

Bullish

Strength increased from 33.30 from 35.28

It is good to buy on dips around $78800-$79000 with SL around $74000 for a TP of $89000.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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