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Bitcoin Holds $78K Support: Live Chart Analysis

Andrew Kamsky

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Quick summary

  • Bitcoin stays neutral-to-bullish while price holds the daily support near $78K

  • Reclaiming $81.2K for several days could open a push toward $87K

  • Nvidia has broken below its wedge support against both USD and BTC

  • The NVDA/BTC ratio looks bearish, favouring Bitcoin over Nvidia

The first official Coinjuice live stream opens with the story behind the platform, from a 2015 Roger Ver documentary to newsletter writing and running events in Malta and India.

Then it’s straight into the charts:

Bitcoin holding its key support line near $78K with $81.2K as the level to reclaim, a possible diamond on the 4-hour, Dogecoin’s gap levels, and why the Nvidia/Bitcoin ratio breaking its wedge could hand Bitcoin the lead again.

Disclaimer

The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.

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Written by

Andrew Kamsky

Andrew Kamsky is a Bitcoin analyst. He spent a decade in traditional finance across a Big Four firm and a listed fintech bank before going deep on Bitcoin full-time.

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coinjuice reader 1
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