Don't want to trade it yourself?
Our desk runs DEX portfolios on profit share.
Latest Update
9/7/2026 8:55:00 AM
Bitcoin: $78K Test Decides Altcoin Momentum
Bitcoin trades at $79470 rangebound with $78K key for longs as altcoins gain while RSI stays neutral and MACD shows death cross.
Analysis
Bitcoin stays rangebound near $79470.93 with limited momentum, opening the door for altcoins to outperform according to trader @CryptoMichNL.
Price action eyes a $78K test for potential longs while a break lower targets $74K immediately, yet holding that level sets up another leg higher for altcoins. With price testing upper Bollinger resistance at $80758.36 while RSI flashes neutral at 48.94, a healthy retracement to the 50-EMA support at $79052.06 seems probable before further continuation as the EMA200 at $73637.12 anchors the broader bullish structure despite the MACD death cross at 155.63. This setup directly informs BTC price prediction models and guards against any sudden crypto market crash signals in the current consolidation phase.
Bitcoincrypto marketBTC pricealtcoins momentum
Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast
Loading…
Trending topics
DeepSeek
ChatGPT
Claude
AI video Generator
Ethereum
NFT
Source: blockchain.news
1 Comment
Pingback: Coldcard third-wave attacker moves 45% of stolen Bitcoin – xpertsstudio