Bitcoin is approaching $86,350.. Will the uptrend continue
Resistance: 86,345$ then $86,650
Support: 85,300$ then $85,080
Price is above the 7, 25, and 99 moving averages → the short-term trend is positive
MACD has started to weaken slightly, suggesting a possible short-term correction before continuing the rise
Holding above 85,300$ keeps an opportunity to test 86,345$ ; a break above it may push to higher levels. Breaking 85,080$ weakens the bullish momentum
Resistance: 86,345$ then $86,650
Support: 85,300$ then $85,080
Price is above the 7, 25, and 99 moving averages → the short-term trend is positive
MACD has started to weaken slightly, suggesting a possible short-term correction before continuing the rise
Holding above 85,300$ keeps an opportunity to test 86,345$ ; a break above it may push to higher levels. Breaking 85,080$ weakens the bullish momentum
