Hello colleagues! BTC - H1 Today bitcoin opened at $82164, the strongest morning start since January 31. Currently, the price is trading around $81947, and the chart looks fundamentally different from a few days ago when we dropped to $79500. Bollinger Bands: upper 82074, middle 81208, lower 80343. The price is currently above the middle band and is trying to break above the upper band. This is the first attempt to establish above the BB Upper in the last two weeks. RSI at 65.79 is already in the elevated attention zone, but there is still room before overbought (70+). MACD 178 against signal 84, a bullish crossover is confident, the difference is significant and the momentum is real. Support levels: 81208 (middle BB) is a key level to maintain the bullish structure, then 80343 (lower BB). Losing $80,000 would rewrite the whole picture. Resistance: 82074–82400 upper BB and the zone of January highs. The next target upon breaking $83300, where the 200-day moving average is located, the main barrier for a full trend reversal. Last week, it was precisely $83300 that stopped the price growth, as the price approached this level twice and each time pulled back. Today's opening above $82000 is the third attempt. Three attempts at one resistance usually end in one of two ways: either a breakthrough or a sharp downturn. Strategy has announced aggressive plans to buy bitcoin, targeting volumes 10-20 times larger than previous sales, which is a significant support factor. The direction is north, but the $82074-82400 zone is where caution is advised. I am waiting for either a confident hourly close above 82400, or a pullback to 81200 for a more comfortable entry point. Stop below 80343, first target 83300.
