Bitcoin holds above $78,000 but momentum slows
- —BTC closed at $78,061.62 above the $77,616.14 pivot
- —Daily RSI 56.47, hourly RSI 73.29 — overbought zone
- —MACD histogram negative at -586.63, momentum weakening
- —Crypto market cap $2.68 trillion, BTC dominance 58.12%
Why it matters: The trend structure is intact, but overbought conditions on the hourly chart raise the risk of a short-term correction to support at $76,741.
Source: The Cryptonomist (IT)