BTCUSD is maintaining a bullish 1H structure after a powerful impulsive move from the lower levels. Price is currently trading around 79,150, consolidating above the 77,000 support zone while repeatedly testing the upper range.
📈 Market Structure
The chart shows a strong sequence of bullish BOS (Break of Structure) during the major advance. After reaching above 80,000, BTC entered a consolidation phase rather than producing a clear bearish structural reversal.
The Supertrend remains bullish, with the trend support currently around 77,695, adding confluence to the bullish scenario.
🟢 Key Support Zone — 77,000
77,000 is the immediate key support area.
Price has repeatedly reacted around this region. As long as BTC continues to hold above this zone, the bullish structure remains intact.
A successful retest followed by bullish momentum could provide the next opportunity for continuation toward the resistance.
🟢 Strong Demand Zone — 75,000
75,000 is the major demand zone.
If BTC experiences a deeper correction and loses 77,000 temporarily, this is the next important area where buyers could potentially step in.
A sustained break below 75,000 would significantly weaken the current bullish setup.
🔴 Major Resistance — 80,500
80,500 is the key resistance zone.
BTC has repeatedly struggled around the 80K–80.5K region, making this the critical breakout level.
A strong 1H close above 80,500, followed by a successful retest, would provide much stronger confirmation of the bullish continuation.
🎯 Bullish Target — 85,000
If BTC breaks and holds above 80,500, the next major objective shown on the chart is:
🎯 85,000
The projected path is:
79,000 → 80,500 breakout → 82,000+ → 85,000
🔥 Overall Bias
🟢 BULLISH ABOVE 77,000
The preferred scenario is a continuation higher as long as the 77,000 support zone remains protected. The major trigger is a confirmed breakout above 80,500.
Bullish invalidation: sustained weakness below 75,000.
📈 Market Structure
The chart shows a strong sequence of bullish BOS (Break of Structure) during the major advance. After reaching above 80,000, BTC entered a consolidation phase rather than producing a clear bearish structural reversal.
The Supertrend remains bullish, with the trend support currently around 77,695, adding confluence to the bullish scenario.
🟢 Key Support Zone — 77,000
77,000 is the immediate key support area.
Price has repeatedly reacted around this region. As long as BTC continues to hold above this zone, the bullish structure remains intact.
A successful retest followed by bullish momentum could provide the next opportunity for continuation toward the resistance.
🟢 Strong Demand Zone — 75,000
75,000 is the major demand zone.
If BTC experiences a deeper correction and loses 77,000 temporarily, this is the next important area where buyers could potentially step in.
A sustained break below 75,000 would significantly weaken the current bullish setup.
🔴 Major Resistance — 80,500
80,500 is the key resistance zone.
BTC has repeatedly struggled around the 80K–80.5K region, making this the critical breakout level.
A strong 1H close above 80,500, followed by a successful retest, would provide much stronger confirmation of the bullish continuation.
🎯 Bullish Target — 85,000
If BTC breaks and holds above 80,500, the next major objective shown on the chart is:
🎯 85,000
The projected path is:
79,000 → 80,500 breakout → 82,000+ → 85,000
🔥 Overall Bias
🟢 BULLISH ABOVE 77,000
The preferred scenario is a continuation higher as long as the 77,000 support zone remains protected. The major trigger is a confirmed breakout above 80,500.
Bullish invalidation: sustained weakness below 75,000.
Trade active
target 82k reached. now closing above 82k will push the price up to 85k
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.