$BTC

🚀 Technical Analysis of Bitcoin (BTC/USDT) – Possible Bullish Breakout 🚀

Bitcoin has shown a strong recovery in recent sessions, trading at $85,879.87 with an increase of +3.21% in the last 24 hours. Below, we break down the key points of the current technical analysis:

📊 📉 Price and Key Zones:

🔴 Main resistance: $87,826 – Level that BTC must break with volume to continue upward.

🟢 Key support: $83,779 – A pullback could find a bounce in this area.

🔺 Last high: $95,000 – Benchmark point to assess the potential for recovery.

🔻 Last low: $76,606 – Critical point if there is a strong drop.

📢 Conclusion: Bitcoin is showing solid bullish strength, but there could be a slight correction before continuing its ascent.

📈 Volume and Moving Averages (MA)

🔸 MA (5) at 5,153.11905 – Average of 5 periods upward.

🔸 MA (10) at 3,845.20595 – Average of 10 periods also in a positive trend.

📢 Conclusion: The moving averages are showing a bullish structure, indicating that the current trend has support.

📌 General Conclusion:

🔹 Bitcoin is in a recovery phase and is at a key decision zone.

🔹 The resistance at $87,826 is the level to surpass to aim for $90,000 and more.

🔹 If there is a correction, the support at $83,779 will be crucial to maintain the bullish structure.

🔹 The MACD and moving averages support the bullish continuation, but the RSI indicates possible overbought conditions, so it is recommended to monitor the volume and wait for confirmations before entering FOMO.

⚡️ Will BTC break $90,000 or will we see a correction first? Let us know your opinion in the comments!$

🔹 #Bitcoin #CryptoActiveNews #Trading #TechnicalAnalysis #BTC