BTC just broke its downtrend line. To confirm the uptrend, we need to see a strong break above 88,520.

Two key levels:

1. 85,530 – If the price approaches this level with increasing volume and a reaction before the break, I’ll place a buy stop order as an early entry for a long position.

2. 83,160 – For a short position, I will wait for a reaction at this level before the break. If the price breaks below after the reaction, I will enter.

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Exciting times ahead! Let’s watch those key levels closely. Here’s to potential new highs.

Thanks for the feedback! 
Glad the analysis was helpful for you.

provides a precise technical analysis of Bitcoin's price, identifying key levels at 85,530 and 83,160, and suggesting a clear strategy for long and short trades. Faride's comment also shows that this analysis has been helpful and beneficial for users. Overall, the post, with its clear analysis and chart images, offers practical guidance for traders.

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Thanks for your insight, I made good use of it