Bitcoin at $84,823 as MACD warns of slowing momentum
- —Bitcoin trades at $84,823, above all major moving averages
- —Daily MACD histogram at -113.97 signals momentum diverging from price
- —RSI at 64.66 shows strength without overbought conditions; BTC dominance 58.65%
- —Citi raised its one-year Bitcoin target to $113,000
Why it matters: Slowing momentum despite a firm trend points to correction risk, while Citi's raised target supports the medium-term bullish case.
Source: The Cryptonomist (IT)