Let’s take a look at the $BTC 4H chart.
Price is currently holding its strong support level around $76k while also forming a clear uptrend over the past few days. While this is happening, price is slowly but surely creeping up toward the BULL MARKET breakout zone sitting around $82k-$83k.
This $82k-$83k level is the prior lower high we formed back in May, which would mean the current downtrend we have seen since October 2025 would be INVALIDATED if we break above the prior lower high, therefore creating a new macro uptrend.
If we fail to break above $83k with strength, expect retests of support around $76k, and if that doesn’t hold, then look for possible pullbacks all the way toward $67k-$70k. If we do see a pullback, it’s very possible that it’s only to form a new higher low, which is also a sign of a macro trend reversal.
Keep a VERY close eye on these levels as we head into the weekend!
August 28, 2026 3.8K 1 3
