Bitcoin rebounds from $76,370 to $77,800, but $79,000 ceiling holds
- —Rebound from $76,370 to $78,329, price at $77,800
- —11 positive moving-average signals versus 3 negative
- —9 neutral oscillators, RSI at 57, Stochastic at 20
- —A break above $79,000 opens the way to $79,800–80,000
Why it matters: Bitcoin is locked in a $76,000–82,000 range: a break above $79,000 or a loss of $76,000 will set the direction.
Source: Bitcoin.com