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9/8/2026 1:39:00 PM
Bitcoin: Godbole Flags 2022 Chart Vibes
Bitcoin at $78248.63 shows bearish EMA50 resistance at $78974.57 and MACD death cross as Omkar Godbole warns of 2022 patterns requiring weekly close above 50-average.
Analysis
Bitcoin trader Omkar Godbole tells longs to hold puts after spotting 2022 bear market patterns on the weekly chart and demanding a close above the 50-period average. BTC trades at $78248.63 on the 4h timeframe inside a bearish structure where EMA50 at $78974.57 caps upside while EMA200 at $73831.56 offers distant support; the MACD death cross at -226.23 reinforces downside pressure and price now tests the lower Bollinger band near $78266.85. Momentum remains neutral with RSI at 37.93 yet the confluence of resistance overhead and lower-band contact raises the odds of further weakness before any sustained recovery, echoing the BTC price prediction debates that followed last year’s failed rallies and keeping crypto market crash risks in focus.
crypto marketBTC priceBitcoin analysisBearish EMAMACD death cross
Staff of MMS Finance.
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Source: blockchain.news