Bitcoin Price Hits Upper Bollinger Resistance Amid Bullish Trend

Bitcoin's price has remained steady over the past week, retracing its path through the liquidity pool. According to an update from @CrypNuevo, the current price of $85,127.81 is testing resistance near $86,188.48 as measured by the upper Bollinger band.

The Relative Strength Index (RSI) sits at 56.66, indicating a neutral reading that points to a healthy retracement towards the 50-EMA support level at $84,270.7 before any potential continuation of the bullish trend.

Despite the presence of a MACD death cross at 225.94, traders monitoring BTC's price prediction and crypto market analysis are watching these levels closely for the next move.