Btcusdt technical analysis.

This is a Bitcoin (BTC/USD) price chart on the 1-hour timeframe from TradingView. The price is currently at $86,278, down -0.68%.

Key Observations:

1. Support Zone (Purple Line): A strong horizontal support/resistance level is drawn around $85,000.


2. Breakout & Retest: The price recently broke above this support zone, retested it, and bounced back up.


3. Bullish Projection (Blue Arrow): A potential bullish move is indicated, suggesting further upside momentum.



This chart suggests a possible continuation of the uptrend if the support holds. Let me know if you need further analysis!