Bitcoin at $81,298: $81,382 pivot to confirm the bounce
- —BTC at $81,298, just above the daily lower Bollinger Band of $81,274.33
- —Hourly pivot at $81,381.96; last hourly candle closed at $81,380.29
- —An hourly close below $81,178.92 opens the way to $80,812 and $80,702
- —Daily RSI at 46.8, hourly at 43.3; daily MACD histogram negative at -561
Why it matters: Bitcoin is pinned near the bottom of its range, so a break of the pivot or support will set the near-term direction.
Source: The Cryptonomist (IT)