Bitcoin is showing a potential bullish continuation after breaking out of the previous structure. Price is currently holding above the 76,400–76,600 support/resistance zone, which is an important area for buyers.
The chart suggests a possible retest of the resistance zone followed by another move higher. If BTC maintains strength above the support area and buyers continue to step in, the next major target is around 78,878.
🔥 Key Levels
Current Price: ~77,618
Support Zone: 76,400–76,600
Breakout Area: 79,000–79,500
Target: 78,878
Bias: Bullish 📈
📌 Trade Idea
Wait for confirmation around the support/retest zone rather than chasing the move. A strong bullish reaction can provide a better entry opportunity.
Risk Management: Always use proper position sizing and a stop-loss according to your own risk tolerance. This is a technical analysis idea, not financial advice
