- Bitcoin forms higher lows as the $87K retest builds pressure for a breakout.
- RSI holds above 50, showing momentum persists despite repeated rejections.
- Tight triangle on 1H chart signals potential volatility spike near $85K.
Bitcoin continues consolidating beneath major resistance as traders anticipate a decisive breakout to test higher levels. A mix of strong support and rejection zones has shaped the price structure across 4-hour and 1-hour charts.
Structure Tightens Near Breakout Zone
BTC has traded within a tightening range following a strong recovery off the $79,000 demand area. Buyers have defended this level repeatedly, forming a double bottom structure and reestablishing bullish control.
In a detailed analysis by market analyst Michaël van de Poppe, the 4-hour timeframe reveals Bitcoin’s recent rejection at $86,701. The asset reached this zone after testing the lower boundary at $81,544, which triggered a high-volume reversal.
Observing recent price behavior, he explains that each retest of the $87,000 level increases the likelihood of a breakout. In analyzing the trend, he identifies a clear shift in control, marked by higher lows since the March bottom.
From the BTC price reaction, Michael suggests that failed breakouts above $86,700 led to liquidation sweeps, trapping late buyers. These events drove the price back toward $81,000 before sharply reversing, confirming buyer presence at lower levels.
Looking at the RSI levels, he adds that momentum has stayed above 50 without reaching overbought territory. With momentum building, he provides further insight that breakout potential remains intact as long as support holds above $81,500. In the context of this move, he outlines $92,000 to $94,000 as the next upside target. This zone has not been tested since early April and aligns with broader market memory.
Intraday Triangle Marks Inflection Setup
A second viewpoint comes from Titan of Crypto, who analyzed the 1-hour chart for short-term compression. His analysis introduces a microstructure within the broader range highlighted by van de Poppe. Reviewing this chart setup, he finds Bitcoin contracting inside a symmetrical triangle near $85,000. After reviewing the latest formation, the analyst points out lower highs and higher lows converging toward an apex near $84,900.
With the current retest, he observes that RSI remains above the midline and attempts to break its descending resistance. This RSI behavior forms a divergence pattern, where momentum weakens despite the price holding stable.
At this stage of the structure, he comments that breakout zones sit between $84,300 and $85,100. From this consolidation, he draws a connection to previous volatility drops before significant directional moves.
In this pattern, the analyst sees a potential inflection point approaching within hours. Both trendlines have held cleanly since April 14, creating a defined contraction zone. By tracking previous resistance levels, he explains that the price has failed to break the upper boundary despite repeated pushes. RSI rejection at 60 confirms that bulls face exhaustion unless renewed momentum enters.
With BTC pressing against resistance from multiple timeframes, market participants remain alert for a breakout or deeper retest. The chart setups across both analysts suggest high sensitivity around the current price, with volatility likely to expand soon.
