Bitcoin Reaches $82500: Has The Bull Market Started?

The bears tell us that Bitcoin will return to 60,000 dollars. On the other side, some bulls are already talking about completely outrageous prices. As always, reality is probably somewhere in between. As a trader and two-time winner of global crypto trading competitions in 2024 and 2025, I will simply explain to you what I see today in the market, without euphoria and without trying to announce unrealistic targets.

As I explained in my previous analysis, I expected a few relatively boring weeks on Bitcoin, with a more sideways market. That is exactly what we observed, with a major resistance zone around 82,000 dollars and an important support zone around 76,000 dollars.

Today, Bitcoin touched about 82,500 dollars, which places the market at a particularly interesting level.

The $82,000 remains the level to break

In my opinion, Bitcoin will eventually break this $82,000 zone. If this happens, the next level I will watch will be around $88,000.

But beware: to me, touching $82,000 or making a simple spike above this zone absolutely does not mean that the resistance is broken.

A spike is not a breakout.

I want to see a real close above this zone, with a solid candle and especially volume. Only from there will I start considering $88,000 as the next truly probable target.