BTCUSD — 8H Bullish Continuation SetupBitcoin / US DollarCOINBASE:BTCUSDFrankAgboBitcoin is showing a strong bullish structure on the 8H chart, with price respecting a rising trendline after the major breakout from the ~$65K area. BTC is currently around 79,793, sitting just above the rising trendline. This makes the current area important for a potential continuation. 📈 Trade Idea Bias: BULLISH 📍 Entry: 79,550–79,800 🛑 Stop Loss: 72,929 🎯 Take Profit: ~85,000 🔑 Key Levels Current price: ~79,793 Trendline support: ~79,500 Major support: 72,929 Upside resistance: 84,000–85,000 Target: ~85,000 🧠 Why This Setup? • Strong impulsive breakout from the ~$65K region • Price is maintaining a series of higher lows • Rising trendline continues to act as dynamic support • BTC is consolidating near the highs instead of aggressively selling off • Holding the trendline could lead to another push toward the 84K–85K area The most important thing now is trendline preservation. If BTC continues holding above the rising trendline and breaks the recent local highs, bullish continuation becomes more convincing. ⚠️ Invalidation: A decisive 8H breakdown below the rising trendline would weaken the setup. A deeper break below 72,929 would invalidate the broader bullish idea shown on the chart. 🚀 TradingView Summary BTCUSD 8H — BUY THE RETEST Entry: 79,550–79,800 SL: 72,929 TP: 85,000 Higher lows + rising trendline + consolidation near highs = bullish continuation watch. 📈 #BTCUSD #Bitcoin #BTC #CryptoTrading #BitcoinAnalysis #TechnicalAnalysis #PriceAction #MarketStructure #Trendline #TradingView #CryptoAnalysis #SwingTrading #BullishSetup