Bitcoin confirms macro breakout, nears $80k as support holds above $73k

Bitcoin breaks its linear downtrend. But price now sits at log resistance, near the $80k zone.

Analyst Scient says yesterday’s daily close confirmed a macro breakout on the linear chart. Historically, bear cycles end after price reclaims that trendline, then holds above it (Scient on X, NewsBTC context).

The log chart still shows price pressing into major resistance. If it’s a fakeout, momentum should fade and price could drop back below linear resistance (Scient on X, breakout background).

For a full confirmation, bulls need a push and hold in the mid-$80k range across multiple daily closes. That would shift the macro bias to bullish (NewsBTC).

Meanwhile, Bitcoin is tracking toward $80,000 with steady momentum. Crypto Candy says the primary target is close; short pullbacks remain possible without changing the bias (Crypto Candy on X, analyst note).

Key levels:
- Log resistance remains in play (Scient on X)
- Confirmation if price holds mid-$80k on daily closes (NewsBTC)
- Bullish path intact above $73,000 support (Crypto Candy on X)
- Immediate target around $80,000 (Crypto Candy on X)