
Bitcoin stuck below $78,170 resistance as hourly RSI signals overbought
- —BTC at $78,061, resistance at $78,170–78,380 on the hourly chart
- —Daily MACD histogram negative at -586.63 versus the line at 886.79
- —Hourly RSI14 at 73.29 — overbought zone
- —BTC dominance at 58.12% with market cap at $2.68 trillion
Why it matters: A break above $78,380 would open the way to $78,936 and $80,880, while a pullback would target support at $76,741–76,984.
Source: The Cryptonomist