Bitcoin slips 0.68% to $83,396, consolidating below $84,000
- —BTC trades at $83,396.41, 33.89% below its all-time high of $126,149.02
- —14-day RSI at 60.5; MACD histogram positive at 141.73
- —Daily volume of $24.82 billion, 15.71% below the 30-day average
- —Price holds above SMA-20, SMA-50 and SMA-200; 90-day return at +40.32%
Why it matters: As long as BTC holds above $80,367 (23.6% Fibonacci), the short-term bullish case stands, but a break below would invalidate it.
Source: DiarioBitcoin