Bitcoin (BTC/USD) Daily Chart Analysis
Bitcoin’s current trading level is around 85,031.69, showing continued bullish momentum as it approaches significant resistance zones.
Key Support and Resistance LevelsResistance:
The nearest resistance level is at 89,895.98. If Bitcoin breaks through this area, it could gain further momentum toward higher targets.
Support: Key support levels include 75,859.76 and 52,082.47. These levels are likely to attract buying interest if there’s a pullback.
Trend AnalysisBitcoin is within a strong ascending channel, as shown by the parallel orange trend lines. The