## $BTC — 🟢 Bullish
🔥 Analysis of the BTC/USDT coin: Positive momentum and a test of the key resistance! 📊🟠
Bitcoin ($BTC) is currently trading at $81,360.19, up significantly (+4.21%). As the price regains its bullish momentum, it is again heading toward the nearby peak $82,300.00.
🔎 Technical Readings and Price Action
• Parabolic SAR indicator: It remains below the candles at $75,096.61, which strengthens the current uptrend and provides strong support to the price.
• KDJ indicator: shows a sharp rise as the J line surges to 102.96 and the K line to 63.66, reflecting complete control by the bulls in the short term, with a warning about the proximity of entering overbought zones.
• MACD indicator: continuous contraction of the negative bars, with the DIF line curving upward toward the DEA line, setting the stage for a crucial bullish crossover if momentum continues.
🎯 Forecast and available scenarios
📌 Current bias: continued upward movement to test nearby resistance, provided it holds above $78,000.
🟢 Bullish scenario: a breakout and holding above $82,300.00 opens the way immediately for a surge toward $85,488.00 then $92,800.00.
🔴 Bearish scenario: breaking the support level of $77,970.00 may put the price into a corrective move toward the main support zones at $75,000.00.
📐 Key Trading Levels (Trade Setup)
🔹 Lower Entry (Low Entry): $78,200 - $79,500 (buying on retesting support areas)
🔹 Higher Entry (High Entry): $82,500 - $83,000 (buying after confirming a break of the high)
🎯 First Target (T1): $82,300
🎯 Second Target (T2): $85,480
🎯 Third Target (T3): $92,800
🛑 Stop Loss (SL): $76,800 (closing below this level invalidates the bullish outlook)
💬 Share your view in the comments: do you think Bitcoin is capable of breaking the high and continuing its journey toward $90,000?
#BTC #Bitcoin #BinanceSquare #CryptoAnalysis #TradingSetup
⚠️ Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice or an investment recommendation. The cryptocurrency market is highly volatile—always do your own research (DYOR).
_VX Network — Analyst: @ApexHunter669_