BTCUSD – Bullish Move, Testing Resistance

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BTCUSD – Bullish Move, Testing ResistanceBitcoin / USDBINANCE:BTCUSDGoldenWave_AnalyticsBitcoin is showing strong bullish momentum on the 1H timeframe after respecting a well-defined ascending trendline support. Price has formed higher lows and recently produced a strong impulsive move to the upside. The market is now approaching a key resistance zone around 78,500 – 79,000. This area has previously acted as a supply zone, so price reaction here is important. A confirmed breakout and sustained move above this resistance could open the path toward the next key level near 80,000. On the other hand, rejection from this zone may lead to a short-term pullback, with trendline support acting as the first dynamic support level. Major horizontal support remains around 73,800, which continues to define the broader bullish structure. Key Levels: Resistance: 78,500 – 79,000 Target Zone: 80,000+ Trendline Support: Rising dynamic level Major Support: 73,800 Outlook: Bullish bias while price holds above the trendline, with attention on how price behaves at the resistance zone. Disclaimer: This analysis is for educational and informational purposes only and reflects personal market observations. It is not financial advice. Markets are volatile and involve risk, so always do your own research and manage risk appropriately before making any trading decisions.