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"Bitcoin Price Setup: Perfect Entry Before the Next Leg Up?"

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Bitcoin (BTC/USD) – 30-Minute Technical Analysis

Bitcoin is currently consolidating above a key fair value gap (FVG) zone around $84,550, which is acting as intraday support. The price structure remains bullish as long as it holds above this level.

A potential move toward the target area around $89,325 remains in play, supported by bullish momentum and the 50 EMA sloping upward. Immediate resistance lies near $86,068.

A break below $83,800 would invalidate the setup and may signal further downside toward the lower EMAs. Overall, bulls remain in control above the FVG support zone.

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180 pips achieved, 83600-85400.
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