$BTC /USDT Daily Chart Update

Current Price: $84,905 | Change: +1.83%

Bitcoin has just broken out of a long-term downtrend line on the daily chart, signaling a potential bullish reversal.

Key Highlights:

A falling wedge pattern has been broken to the upside.

Price is currently testing a key resistance zone around $88,000.

Next major resistances: $88,189 → $95,906

Strong supports below: $80,471 → $74,508

What’s Next?

A daily candle close above $88K could lead to a move toward $95K–$103K.

A rejection from this zone might send the price back toward $83K–$80K, so caution is advised.

Conclusion:

The breakout from the falling wedge and trendline could mark the start of a new uptrend, but confirmation is needed. Watch the $88K level closely.

Always manage your risk and trade responsibly.