$BTC Bitcoin is showing a strong bullish structure on the 4H chart, with price currently around $78,827 after a powerful rally from the $62,275 area. The move has been aggressive, but what stands out is how well BTC has held its gains after the initial breakout.
The chart shows a major expansion from the $64K–$65K region, followed by a rapid move through $69K and $73K. Instead of giving back the entire rally, Bitcoin entered a tight consolidation around $77K–$79K. This type of price action can indicate that buyers are absorbing selling pressure before another attempt at the highs.
My setup
Entry: $77,000–$78,500
TP1: $80,000
TP2: $82,500
TP3: $85,000
Stop Loss: $75,800
The most important resistance on the chart is clearly $80,000. BTC has already tested this psychological level, with the recent high marked around $80K. A clean 4H breakout and close above this area would provide strong confirmation that the current consolidation is resolving to the upside.
Above $80K, the next targets are around $82,500 and $85,000. These are projected continuation levels if momentum remains strong and buyers continue building higher highs.
On the downside, the $77K area is important for the immediate structure. Holding this zone would keep the bullish setup intact. A deeper move below $75,800 would weaken the current momentum and could signal that BTC needs a larger retracement before attempting another breakout.
The broader chart remains constructive because Bitcoin has moved from a long consolidation near $62K–$65K into a much higher trading range. The key now is whether buyers can turn the $80K resistance into support.
I would avoid chasing a vertical candle directly into resistance. A controlled pullback toward the entry zone or a confirmed breakout followed by a successful retest would offer a cleaner setup.
Bullish bias remains active. Reclaim $80K with confirmation, and BTC could open the path toward $82.5K and $85K.
