📈Bull Market is Coming Back?

Bitcoin Futures CME – Technical Analysis

Current Price: 87,730 USD (+3.08%)

Confirmed Technical Breakout

The price has decisively broken through the key 86,000 USD resistance level, confirming a bullish signal. This move follows a consolidation phase, increasing the probability of a continued upward extension.

🔍 Key Levels

Resistances (targets if the trend continues):

🟥 89,985 USD – First intermediate resistance

🟥 91,005 USD – Critical level

🟥 91,205 USD – Max short-term extension

Supports (areas that need to hold to confirm the breakout):

🟩 86,045 USD – New dynamic support (former resistance)

🟩 84,000 – 82,915 USD – Structural support zone

🟩 81,245 – 79,685 USD – Mid-term support

🟨 76,775 USD – Major long-term support (defended in March)

Volume

The spike in volume (highlighted by the blue arrow) during late March and early April indicates accumulation.

Today’s breakout comes after this compression phase: while today’s volume isn’t the highest, it fits within a broader context of increasing technical strength.

Operational Insights

Holding the 84,000–86,000 USD zone will be crucial in the coming days to avoid a deeper pullback. A drop below 82,915 would risk invalidating the breakout.