Bitcoin Clings To Key Support: EMA Reclaim Vs $78,000 Resistance Showdown
Bitcoin is holding a critical position as it attempts to stabilize above a key moving average while facing persistent resistance near $78,000. The recent reclaim of the 21-week EMA signals potential strength, but repeated rejections overhead continue to test bullish momentum. With price caught between strong support and a stubborn ceiling, the next move could be decisive in shaping BTC’s short-term trend. BTC Secures Marginal Weekly Close Above 21-Week EMA Crypto analyst Rekt Capital shared in a recent update that Bitcoin has achieved a marginal weekly close above its 21-week Exponential....
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