Bitcoin (BTC/USD) 2H Analysis: Potential Bullish Continuation or

30 EMA (Red, 86,440): Indicates short-term momentum.

200 EMA (Blue, 85,153): Represents long-term trend support.

Support and Resistance Zones

Support Zone (Purple Box - ~86,271 to 85,153): Price is likely to bounce from here.

Resistance Zone (~87,149 and above): Breakout above this could push price higher.

Trade Setup

Entry Consideration: The price is currently testing a demand zone (purple) after a pullback.

Target (Take Profit - 90,118): Expecting a bullish move.

Stop Loss (~86,658 or lower): To manage risk.

Potential Price Action

If Bitcoin holds above the purple demand zone and 30 EMA, it could rally to 90,118.

A breakdown below 86,271 could push it toward 84,366 or lower.

Conclusion
Bullish Bias: If price holds above the support level.

Bearish Risk: If it breaks below the purple zone.

Recommendation: Monitor support at 86,271 and 85,153, as a bounce from these areas could confirm an uptrend.