Bitcoin held above the four-hour MA-20 and MA-50, while also staying above the daily MA-200. The Ichimoku Kijun line at $79,282 provided immediate technical support.
At the same time, MACD, ADX, and the Awesome Oscillator remained positive. However, RSI reached 68.63, while Stoch RSI, CCI, and Bull/Bear Power moved into overbought territory.
Traders Union analyst Viktoras Karapetjanc linked improved sentiment to and steady rate expectations. He said buyers could remain active as technical momentum and macro conditions stayed constructive. For the next two to three sessions, the expected trading range stood between $76,807 and $83,685. The outlook assigned a 75% probability to further upside and 25% to downside risk.
Thursday’s result also exceeded every daily inflow recorded during the 11-session positive run in late August by more than three times. The funds had earlier collected $1.92 billion over five sessions ending Aug. 21.
QCP Capital also linked from about $63,500 to above $80,000 with spot demand. During part of that rally, ETFs drew $2.8 billion across eight sessions as futures open interest fell. Technical indicators remained positive, although overbought readings signaled possible near-term volatility around the $79,282 support area.