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Coin-turk.com 2026-08-24 18:34:12

Bitcoin reclaims 1,130-day SMA with $79,172 price, signals potential cycle turnaround

🚨 $BTC jumps above $79,000, flipping a vital technical level after months below. 📈 The 1,130-day SMA now acts as a strong support as Bitcoin rebounds from recent lows. 🧐 With the RSI at 83, extreme buying momentum fuels the move but hints at caution. 💡 In previous cycles, reclaiming this level coincided with the end of $BTC corrections. Continue Reading:Bitcoin reclaims 1,130-day SMA with $79,172 price, signals potential cycle turnaround The post Bitcoin reclaims 1,130-day SMA with $79,172 price, signals potential cycle turnaround appeared first on COINTURK NEWS.
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