Bitcoin BTC technical analysis

BTC is in a daily uptrend, with the SMA20 at 78,893.09, SMA50 at 73,683.66 and SMA200 at 70,614.87 stacked beneath price. Momentum is stretched: 4h RSI14 at 81 and 1D RSI14 at 69.

Price at 85,714 sits above the 4h zone 81,741-82,300 (3 touches) and the heavily tested 4h 79,233-80,559.99 (9 touches). Just below, the 1D 82,171.21-82,428.79 has 1 touch, the 1D 81,246.96-81,504.53 has 2, and the 1D 79,500-79,890 has 3.

Bulls need to hold above 82,300 to keep the uptrend intact. Bears need a break below 81,741 and then 79,233 to test the 1D 79,500-79,890 shelf and the SMA20 at 78,893.09.