$BTC /USDT Analysis (4H)

Current Price: $80,524.61

Timeframe: 4-hour chart

Status: Bullish breakout!

Chart Pattern:

📉 Falling Wedge (Red zone) – This is usually a bullish reversal pattern

✂️ Price broke out from the wedge around $74,508 – very strong signal

🚀 Potential upside move is forming

Key Levels:

🛑 Resistance:

$83,205.03

$85,352.39 (target)

$86,341.67

🛡️ Support:

$78,464.36

$76,931.76

$74,508.00 (previous low)

Expected Movement (Yellow Line):

🔁 A short-term dip is possible (retest)

📈 Then bounce up toward the $85K target

⚠️ Watch volume – confirmation is key!

Summary:

✅ Bullish breakout confirmed

⏳ A small dip might come before the next leg up

🎯 Targeting $85,352 if support holds

❌ If BTC drops below $76K, rethink long positions