Bitcoin’s technical outlook is once again starting to generate optimistic signals. In recent analysis, the fact that Bitcoin’s long-term MACD histogram has returned to the positive zone is considered to be a reliable buy signal for the market.
However, analysts emphasize that for this signal to lead to a strong and sustained bull market, Bitcoin needs to break through the key resistance zone between $65,000 and $80,000.
According to our analysis, the upturn in the long-term MACD histogram suggests that Bitcoin’s recent recovery may not be just a short-term reaction. Note that this indicator has historically had a relatively high hit rate, especially after sharp declines from all-time highs. Therefore, for technical investors, the current outlook stands out as an important sign that upside potential has not been fully exhausted.
But the real test of the market will be whether it can overcome the stiff resistance ahead. Technical and derivative-driven resistance levels accumulating between $65,000 and $80,000 could be decisive in determining whether Bitcoin enters a new bullish trend. The first notable level within this range is the 50-day simple moving average located at approximately $65,434.
Just above this is the previous peak of approximately $67,292. Further up is the 200-day moving average of about $71,147. Finally, the $80,000 level, where the highest concentration of open positions in the options market is located, stands out as an important threshold from both a psychological and technical point of view.
According to market experts, if Bitcoin can break through this resistance zone, the current recovery could develop into a more powerful bullish cycle. Otherwise, the uptrend may be limited for now as the price struggles within this range. Therefore, investors are closely monitoring both momentum indicators such as the MACD and the price reaction in the $65,000 to $80,000 range.
*This is not investment advice.
