Bitcoin (BTC/USD) has staged a powerful rebound from the crucial support zone near 74,471, signaling strong buyer interest at lower levels. The sharp rejection from 74,616 created a classic V-shaped recovery, suggesting aggressive demand stepped in after a steep correction. The price has now broken out above the key resistance of 81,256, turning it into a potential support level.
This breakout has been sustained with a clean candle close above the 81,704 zone, reinforcing the bullish momentum. The structure shows a potential inverse head and shoulders pattern on the hourly chart, which further strengthens the bullish case.
Key levels to watch:
Immediate support: 81,256 – Holding above this confirms bullish continuation.
Next resistance/target: 87,983 (minor), with a major upside target at 88,346.
Strong demand zone: 74,471 – 74,616
Volume has also picked up during the breakout, adding confirmation to the move. If bulls manage to maintain control above 81,700, we could see an extended rally in the coming sessions. However, a failure to hold above 81,256 could lead to a retest of the 78K–79K zone.
Bias remains bullish, with every dip above 81,000 viewed as a buying opportunity until structure is invalidated.
This breakout has been sustained with a clean candle close above the 81,704 zone, reinforcing the bullish momentum. The structure shows a potential inverse head and shoulders pattern on the hourly chart, which further strengthens the bullish case.
Key levels to watch:
Immediate support: 81,256 – Holding above this confirms bullish continuation.
Next resistance/target: 87,983 (minor), with a major upside target at 88,346.
Strong demand zone: 74,471 – 74,616
Volume has also picked up during the breakout, adding confirmation to the move. If bulls manage to maintain control above 81,700, we could see an extended rally in the coming sessions. However, a failure to hold above 81,256 could lead to a retest of the 78K–79K zone.
Bias remains bullish, with every dip above 81,000 viewed as a buying opportunity until structure is invalidated.
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Stay ahead of the market—Follow my channel for free insights~~ Telegram channel link below !
t.me/+jvSU52DTZAphYTc1
youtube.com/@TeamSpark-08
t.me/+jvSU52DTZAphYTc1
youtube.com/@TeamSpark-08
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.