Bitcoin holds above moving averages at $82,886 but fails to break $82,951
- —BTC at $82,886 sits above EMA20 ($82,637), EMA50 ($80,530) and EMA200 ($75,196)
- —Daily RSI at 48.9 and MACD histogram at -451 show momentum lagging price
- —Key resistance at $82,951.49; an hourly close above it is needed to confirm a breakout
- —Total market cap $2.766 trillion (-2.26%), BTC dominance 60.18%
Why it matters: Without an hourly close above $82,951 the move stays a consolidation, and a break below $82,818 would expose $82,720.
Source: The Cryptonomist (IT)