Crypto
Bitcoin Holds Above $81K Despite Fading Momentum
The Bitcoin price today is holding steady at $81,137, above all major daily moving averages. This bullish structure has been in place for some time, but momentum indicators are flashing warnings that traders should not dismiss.
The daily chart shows a strong uptrend, with the price trading above the EMA20 ($75,840), EMA50 ($71,138), and EMA200 ($72,377). However, the RSI has reached 72.4, signaling momentum that is edging into overbought territory without yet reversing.
The 1H MACD histogram has turned negative at -143.58, with the MACD line (591.03) sitting below the signal line (734.62). This bearish divergence layered beneath an otherwise bullish short-term structure suggests that momentum is weakening even as price holds up.