Bitcoin Coils Near $84K as Volatility Squeeze Points to Breakout
- —BTC at $84,038 sits above EMA20 ($81,057), EMA50 ($76,751) and EMA200 ($73,129)
- —Bitcoin dominance climbed to 58.28% while total market cap fell 2.31%
- —Daily RSI at 64.06 and MACD at 2,438.93 above its signal line
- —Pivot points across all timeframes converge in the $83,900–$84,200 zone
Why it matters: Compressed lower-timeframe volatility under a bullish daily structure typically precedes a sharp move; the $84,189 breakout level will set direction.
Source: The Cryptonomist