BTC/USDT Analysis (4H Chart)

Price: $88,123.99

Change: +4.19%

24H High/Low: $88,465.99 / $84,272.74

Volume Spike Detected

Chart Pattern: Strong bullish breakout with high volume.

Key Insights:

Breakout Confirmation: BTC has broken out above previous resistance near $85,200 with a strong bullish candle.

Volume Surge: Volume spike confirms buying interest and supports the breakout.

Next Resistance Zone: Around $88,465 (already touched). If broken, next target could be around $89,000–$90,000.

Support Levels: $86,377 and $85,200 are now strong support zones after the breakout.

Indicators:

MA(5) crossing above MA(10) indicates short-term bullish momentum.

RSI (though not shown in value) likely entering overbought territory – caution on FOMO buying.

MACD and BOLL could show continued upside momentum if the price consolidates above $87,500.

#BTC #Bitcoin #CryptoTrading #BullishBreakout #VolumeSpike #SupportAndResistance #CryptoAnalysis #TechnicalAnalysis #Binance #BTCUSDT #PriceAction #TrendReversal #CryptoMomentum