$BTC Update: The Next Major Resistance Is Here
Bitcoin has delivered a powerful breakout from the multi month accumulation range and is now testing a critical supply zone between $85K and $90K.
📊 Current Price: $82,818
✅ Strong breakout above previous ATH region ($65K)
✅ Trading above the 50 EMA and 200 EMA
✅ Market structure remains bullish with higher highs and higher lows
✅ Buyers continue defending every meaningful pullback
🎯 Key Levels To Watch:
🟢 Support: $79,500
🟢 Major Support: $74,800
🟢 Breakout Base: $70,500
🎯 Resistance Zone: $85,000 – $90,000
🎯 Bullish Target: $98,390
🎯 Price Discovery Above: $100,000+
The recent rejection from the $86K region isn't surprising. This area represents a major supply zone where profit taking is expected. What matters is that BTC continues to hold above $79K, keeping the bullish trend intact.
📈 A decisive daily close above $90K could open the path toward the psychological $100K milestone.
For now, Bitcoin is consolidating gains after an explosive breakout, and healthy consolidations often precede the next expansion move.