BTC is in a clear bullish trend on the daily chart. The earlier consolidation between roughly 62K-67K formed a rising structure, followed by a strong breakout and impulsive move toward 76K-82K. The $82K horizontal resistance was tested several times before finally breaking, and price is now trading above it, turning that area into an important support zone.
After the breakout, BTC made a sharp move higher and is now consolidating near the highs around 84K-87K. The recent candles are relatively small compared with the breakout candles, showing that the market is taking a pause rather than aggressively selling off. There are also several lower wicks around the 84K-85K area, suggesting that buyers are stepping in on dips.
The $76K area acted as strong support during the previous consolidation, while the move from $76K to $82K and then above $82K shows a clear higher-high/higher-low structure. The rising trendline visible from the earlier lows also supports the overall bullish setup.
Also Read: Bitcoin vs. Ethereum in H1 2026: Key Market Trends and Institutional Adoption
Volume increased significantly during the major upward breakout, which is a good confirmation. However, volume has reduced during the current consolidation, which is normal and suggests that the market is waiting for the next directional move.
At the moment, BTC is testing the 87K-88K resistance zone. A strong daily candle closing above this area would confirm another bullish breakout and could open the way toward $90K. On the other hand, a rejection from this zone followed by a break below $84K would indicate a deeper pullback, with $82K being the key level to watch.
Overall chart structure: Bullish → breakout → consolidation near highs → waiting for the next breakout.
Also Read: Top 5 Crypto Assets Traded in India in H1 2026
Key Levels
| Support 2 | Support 1 | Asset | Resistance 1 | Resistance 2 |
| $74,000 | $82,000 | BTC | $87,000 | $90,000 |
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