Bitcoin to Retest $79K Support: Will the Rally Continue?

Bitcoin to Retest $79K Support: Will the Rally Continue?
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The Bitcoin price is continuing to grind higher with the major higher high target of $83K not too far away. Is Bitcoin about to come back and retest horizontal support at $79K before going higher? Or could bearish divergence be about to change everything?
Higher highs and higher lows, but support needs to hold
Source: TradingView
As can be seen in the 4-hour time frame above, the $BTC price is slowly but steadily grinding its way higher towards the prize of the $82,825 horizontal resistance level, but more importantly, a macro higher high. If the $BTC price can hit this level, and surpass the previous high made at the top of the second of the two big bear flags, this would be a critical step to changing the bear trend back to the bull.
Looking at the short-term price action, it would make sense for the price to come back a little more and retest the horizontal resistance, as well as the ascending trendline. These are good supports for the price making another higher low. T

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We współpracy z: https://cryptodaily.co.uk/2026/08/bitcoin-to-retest-79k-support-will-the-rally-continue

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