📢Bitcoin Technical Analysis📣$BTC Price Overview:

Current Price: $84,684.01

24h Change: +1.02%

24h High / Low: $85,799.99 / $83,034.23

---

Chart Patterns & Price Action:

Trend: Uptrend visible from the recent higher lows and higher highs.

Resistance Levels:

Immediate resistance is around $86,100 (recent local high).

Next resistance at the 24h high: $85,799.99.

Support Levels:

Immediate support at $81,622.80

Stronger support zones around $79,097.20 and $76,571.60.

---

Volume Analysis:

Recent Volume Spike: Notable spike on April 10 near $74,620, suggesting strong buying pressure at lower levels.

Current Volume: Moderating but slightly rising again—reflects growing interest as price approaches resistance.

---

Moving Averages:

MA(5): 4,795.94

MA(10): 4,535.72

Short-term MAs are rising, showing short-term bullish sentiment.

---

Performance Summary:

7-Day: +7.07%

30-Day: +0.15%

90-Day: -8.05% (previous correction)

180-Day: +26.55%

1-Year: +26.10%

The strong performance over 7 days indicates a potential reversal from the 90-day downtrend.

---

Technical Outlook:

Bullish Bias in the short term, supported by:

Higher highs/lows

Rising moving averages

Moderate volume backing the trend

Caution: If price fails to break above $86,100 and volume doesn't increase, it may retrace to the $81k–$79k support zone.