$BTC is showing strong bullish momentum on the 1-hour chart, currently trading at $85,664.20 after touching a high of $86,000.

Given the momentum and current technical indicators, BTC has the potential to break above $86,000 and possibly test the $87,000 level within today’s session.

The price is well above the key EMA levels (EMA(7): 85,636, EMA(25): 85,162, EMA(99): 84,032), indicating a solid uptrend. The MACD line (316.47) is significantly above the signal line (DEA: 244.92), with a growing histogram and a MACD value of 71.55, all suggesting bullish strength. The RSI is at 58.42, which is below the overbought zone, indicating there’s still room for upward movement.