$BTC

BTC

87,059.71

+1.08%

Price reclaimed structure after a prolonged downtrend and formed multiple bullish CHoCH (Change of Character) followed by BoS (Break of Structure) confirming short-term bullish bias.

Demand zones around 83,800–84,400 held well and triggered a reversal.

Current price action shows a rising trendline being respected. Minor rejection near 86,100 is expected as supply pressure, but as long as price holds above ~85,400, bulls control short-term flow.

Outlook:

Holding above 85,400 = bullish continuation likely.

Break below 85,000 and trendline = pullback toward 84,200.

Breach above 86,200 with volume = next leg toward 87,000+.