Bitcoin: Yardstick Breaks Bear Market Discount

Bitcoin has exited the deep discount zone per the Yardstick metric, matching the momentum shifts seen in 2020 and 2023 when prices advanced triple digits from comparable levels, according to Charles Edwards.

At $84327.7, BTC holds a bullish trend structure above the EMA50 support at $82347.82 while the EMA200 sits at $77173.76, though the MACD death cross at 826.01 signals near-term chop before any extension toward the upper Bollinger Band resistance of $88157.69; the neutral RSI at 53.27 leaves room for consolidation inside the bands without immediate overbought pressure.