Bitcoin Bullish Continuation Above Trendline Support

BTC/USD is respecting a steep ascending trendline, indicating strong bullish momentum. After a brief consolidation, price action suggests a potential continuation toward the 88,000 level if support holds.

The recent higher highs and higher lows structure remains intact, making this a high-probability setup for trend continuation traders.

Trade Setup:

Entry Zone (Buy): 84,300 – 84,800 (upon trendline or breakout confirmation)

Stop Loss: Below 84,000

Target 1: 86,000

Target 2: 88,000

Trend Bias: Bullish continuation

Timeframe: 1H (short-term swing trade)


Technical Analysis:

Strong uptrend with confirmed higher lows

Price action bouncing off key dynamic support

Break above minor resistance may trigger momentum buys


Disclaimer:
This is not financial advice. Always do your own research and use proper risk management.