Bitcoin price risks $78,000 as bearish MACD crossover forms

Bitcoin price tests its 50-day moving average

On TradingView’s daily chart, Bitcoin’s 50-day simple moving average stood at $80,526, just below the latest price. The session’s low briefly moved beneath that average before $BTC returned above it.

The 20-day moving average stood considerably higher at $84,199. Based on those readings, Bitcoin would need to recover roughly 4.2% from $80,806 to regain its short-term average.

The gap between the two averages places Bitcoin at a technical decision point. Holding the 50-day average would preserve that support reference, while a sustained break below it would leave the round-number $80,000 level as the next nearby test.

TradingView’s daily price history shows earlier trading activity around $78,000–$80,000 during August and September. Beneath that range, the chart contains another area of previous consolidation around $75,000–$76,000.

The longer-term averages remain lower. Bitcoin’s 100-day moving average stood at $72,276, while its 200-day average was $71,830. $BTC therefore remained above both despite losing its 20-day average and approaching the 50-day line.

The daily MACD added a bearish momentum signal. Its line stood at 1,275.36, below the signal line at 1,828.41, producing a negative histogram reading of 553.05.