- Bitcoin has broken above the key $85,000 trendline, suggesting a shift from a downtrend to a potential uptrend toward $90,000.
- The MACD shows bullish momentum, while the Accumulation/Distribution line confirms that the breakout may be supported by real accumulation.
- Bitcoin remains in a tight range, with $83,000–$86,000 as key levels. A breakout above $86,000 could signal the next major move.
Bitcoin has broken above a key trendline after weeks of consolidation, with traders now watching $86,000 as the next major level.
Clear Range Holds as Price Approaches Resistance
Bitcoin continues to trade within a defined range, with support around $83,000 and resistance near $86,000. According to a tweet from ali_charts, the cryptocurrency remains in a tight consolidation zone. A breakout above $86,000 or a drop below $83,000 could dictate the next major move.
As of writing, Bitcoin traded at $85,079.39. The price is hovering just above the mid-range zone of $84,400, a level that has acted as both support and resistance. Recent choppy price action includes a sharp rejection from the upper boundary, followed by a quick drop and recovery.
This consolidation pattern is also forming lower highs, indicating waning bullish strength in the short term. If Bitcoin holds above the mid-range and breaks through $85,900, another test of the $86,000 level is likely.
Breakout Confirms Bullish Shift on the Daily Chart
A more notable development is visible on the daily timeframe, where Bitcoin has broken out of a descending channel that had defined price action since early 2025. This breakout occurred above the upper trendline near $85,000 and is supported by a bullish daily candle close.
This structural change indicates there could be a change from the existing downtrend into an upcycle. As long as BTC holds up at $85,500, investors could soon target the $89,000–$90,000 resistance zone.
Backing this move is the bullish MACD crossover, as green histogram bars are forming consistently. These are typically considered to be indicators of building momentum. The Accumulation/Distribution line is also holding firm, suggesting that accumulation is still taking place.
Key Levels in Play as Bulls Push Ahead
The breakout is gaining attention as it follows a period of low volatility and range-bound movement. Ali charts noted that price needs to escape the $83,000–$86,000 bracket to confirm direction. Bitcoin has now crossed above the key $85,000 trendline level, placing it near the resistance top of this zone.
With volume increasing and technical indicators supporting the move, Bitcoin could be setting up for an extension toward the $90,000 mark. However, failure to hold above $85,500 may invite selling pressure and a potential move back to the $78,000 area. For now, bulls appear to have taken control.
