Bitcoin Surges Past $78K, Eyes Next Target at $82.7K
Bitcoin has broken through the $78K level and is now eyeing its next target of $82.7K, according to recent price action on the 4h chart.
The cryptocurrency touched $77K in a liquidity sweep but quickly rebounded, indicating that it still holds significant buying power.
The Bollinger Bands show BTC trading inside the upper resistance at $80,288.4, while the EMA50 provides support above the EMA200. The MACD golden cross reinforces bullish momentum, and RSI stays neutral.