Bitcoin Jumps 5.31% to $84,666, Breaking 90-Day Ceiling
- —BTC +5.31% to $84,666.02 on $33.15B volume, 11.1% above the 30-day average
- —Price touched the 90-day Fibonacci level at $85,110.32
- —RSI at 71.9 and stochastic at 95.5 point to overbought territory
- —Weekly close above the 50-week SMA for the first time in 45 weeks
Why it matters: The break above the 50-week moving average has historically preceded bull cycles, though overbought readings raise the risk of a near-term pullback.
Source: DiarioBitcoin