Bitcoin Price Surges on Whale Accumulation—What Happens if $86K Breaks Next?

Bitcoin is trading above $83,000 and showing strong bullish momentum. As BTC attempts to break the $85,500 resistance, the Bitcoin price rally continues to push higher. After forming a firm base around $78,600.

Technical indicators point to a bullish continuation. This indicator is potentially taking the price toward the coveted $90,000 level. With trendline support at $84,200 and increased activity from Bitcoin bulls, the outlook remains optimistic.

BTC Bulls Push Higher: Is $90K Within Reach?

After weeks of consolidation, Bitcoin has fueled the market with a sharp upward move. The BTC price surged above $83,500. It is currently signaling a possible breakout as bulls broke through the $84,500 barrier. The recent high of $85,850 marks a significant point as traders eye the next target at $86,200. Further momentum is likely to lead toward $87,500 and beyond.

A key support line is forming at $84,200, acting as a catalyst for short-term corrections. Market watchers are closely monitoring the BTC trend support zone. This zone also coincides with the 100-hour simple moving average. As long as the price stays above these levels, analysts believe the Bitcoin price rally remains intact.

Will Bitcoin Bulls Break Through the $86K Level?

The current technical structure is favoring the bulls. The hourly MACD is gaining strength in the bullish zone. The RSI for BTC/USD stands above 50, supporting an uptrend. The recovery from $83,000 shows that buyers are willing to break critical levels. This aligns with the broader narrative of a strong BTC trend support forming on the charts.

Chart 1 – Provided by aayushjindal, published on TradingView, April 15, 2025.

The sentiment repeats that of several industry analysts who expect a continuation of the Bitcoin price rally in the coming days, with clear resistance levels to watch being $85,500 and $86,200.

As the momentum builds, institutional investors are reportedly stepping back in. Recent on-chain data shows increased wallet activity from large holders, indicating confidence in the ongoing rally. These participants often lead major shifts in BTC price, and their return could be the catalyst needed to push toward $90K.

BTC Market Outlook: Bulls Eye Critical Resistance Zones

The bullish trend appears stable as long as the BTC price remains above $83,000. A successful close above $86,200 could clear the path to test $87,500 and possibly $88,000. If that level is broken, the psychological $90,000 target could come into sight. It will mark a historic leap in the Bitcoin price rally.

However, a low at $85,500 could see the price pull back to $83,200 or even the $82,200 zone. This zone aligns with the 50% Fib retracement level from the recent surge. In this case, $80,800 turns into a significant support that the bulls must protect. Traders are closely monitoring volume surge and trendline behavior; the overall sentiment favors the Bitcoin bulls. 

With positive macro conditions and rising crypto adoption, the foundation for sustained growth appears stronger than ever. The current Bitcoin price rally may be the beginning of a larger upward cycle.

Final Thoughts: Can Bitcoin’s Rally Rewrite Its Market Legacy?

If bulls maintain their grip, Bitcoin could be heading for another record-breaking level. With the Bitcoin price rally holding strong above trendline support and targeting higher resistance levels, the $90K milestone may not be far off. While caution is important, especially near critical resistance zones, the presence of active Bitcoin bulls and strong BTC trend support suggests that the rally is far from over.

The post Bitcoin Price Surges on Whale Accumulation—What Happens if $86K Breaks Next? appeared first on Coinfomania.