Bitcoin Holds Above Daily Pivot ($85,978.10): Structure Favors R1 ($86,288.10)
Bitcoin is holding above its 50-period EMA ($83,381.56) and the daily floor pivot ($85,978.10), with 1H RSI reading 62.4. Structure favors a continuation toward R1 ($86,288.10) while price holds above S1 ($85,358.10).
- 1H RSI (14) currently reads 62.4.
- Spot is above the 50-period EMA ($83,381.56).
- Daily floor pivot computed from the prior completed session: $85,978.10.