Bitcoin Bullish Trend Continues with Key Resistance Test

Bitcoin (BTC) is currently experiencing a strong bullish trend on the daily chart. The cryptocurrency recently broke out of a consolidation phase between $62,000 and $67,000, leading to an impulsive move toward $76,000 to $82,000. The $82,000 horizontal resistance was tested multiple times before finally breaking, turning that area into a key support zone.

After the breakout, BTC surged higher and is now consolidating near the highs around $84,000 to $87,000. The recent candles indicate a pause rather than aggressive selling, with lower wicks around $84,000 to $85,000 suggesting buyers are stepping in on dips. The $76,000 area previously acted as strong support, and the move from $76,000 to $82,000 and above shows a clear higher-high/higher-low structure.

Volume spiked during the major upward breakout, confirming the move, but has since reduced during consolidation, indicating the market is waiting for the next directional move. BTC is now testing the $87,000 to $88,000 resistance zone. A strong daily candle closing above this area could confirm another bullish breakout, potentially opening the way toward $90,000. Conversely, a rejection from this zone followed by a break below $84,000 would signal a deeper pullback, with $82,000 being the key level to watch.