BTCUSDT Long: Bulls Hold 82,100 as Price Targets 87,000

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BTCUSDT Long: Bulls Hold 82,100 as Price Targets 87,000Bitcoin / TetherUSBINANCE:BTCUSDTheniitradingHello traders! Here’s my technical outlook based on the current BTCUSDT (4H) chart structure. BTCUSDT previously traded inside an ascending channel and range before breaking higher and continuing within a broader ascending channel. Price then tested the upper area near the Supply Zone. Currently, BTCUSDT is trading below the 87,000 Supply Zone while holding above the 82,100 Demand Zone and the ascending channel support. The recent bounce from support suggests buyers are preparing for another move higher. As long as BTCUSDT remains above 82,100 and respects the ascending channel, the bullish scenario remains valid. A continuation higher could target 87,000 (TP1). However, a break below 82,100 would weaken the bullish outlook. Manage your risk!