Bitcoin (BTC/USD)
$BTC is trading in the mid-$80,000 zone after rebounding from its recent swing floor near $79,870. The structure shows a recovery rally attempting to turn key moving averages back into dynamic support.
Major Resistance (R2): $87,250 – $87,700
Marks the on-chain breakeven cost basis for late-cycle buyers and the ceiling of a multi-week triple-top pattern. Clearing this zone decisively opens the psychological pathway toward $90,000.
Immediate Resistance (R1): $85,500 – $86,800
Recent swing peak supply pocket and overhead breakdown zone that capped previous breakout attempts.
Immediate Support (S1): $81,000 – $82,500
Aligns with the 50-day EMA and the breakout retest boundary. Buyers have consistently stepped in across the $81,500–$82,700 band to defend the short-term trend.
Major Support (S2): $79,800 – $80,000
The psychological structural floor and October swing low. Losing this base risks a deeper retracement toward the macro demand cushion around $76,500.
Momentum & Indicators: The daily RSI has pushed back above 50, signaling renewed buyer strength. Maintaining daily candle closes above the 50-day EMA ($82,500) preserves upward momentum.
$BTC is trading in the mid-$80,000 zone after rebounding from its recent swing floor near $79,870. The structure shows a recovery rally attempting to turn key moving averages back into dynamic support.
Major Resistance (R2): $87,250 – $87,700
Marks the on-chain breakeven cost basis for late-cycle buyers and the ceiling of a multi-week triple-top pattern. Clearing this zone decisively opens the psychological pathway toward $90,000.
Immediate Resistance (R1): $85,500 – $86,800
Recent swing peak supply pocket and overhead breakdown zone that capped previous breakout attempts.
Immediate Support (S1): $81,000 – $82,500
Aligns with the 50-day EMA and the breakout retest boundary. Buyers have consistently stepped in across the $81,500–$82,700 band to defend the short-term trend.
Major Support (S2): $79,800 – $80,000
The psychological structural floor and October swing low. Losing this base risks a deeper retracement toward the macro demand cushion around $76,500.
Momentum & Indicators: The daily RSI has pushed back above 50, signaling renewed buyer strength. Maintaining daily candle closes above the 50-day EMA ($82,500) preserves upward momentum.
