# BTCUSD Breakout Setup: Bullish Trendline Reversal

> Bitcoin breaks key support on TradingView chart, targeting 84,350.
- Title: BTCUSD Breakout Setup: Bullish Trendline Reversal | Shortify
- Summary: Bitcoin breaks key support on TradingView chart, targeting 84,350. Bitcoin price action breaks resistance near 80,150, aiming for 84,350 and 86,560.
- Keywords: btcusd, bitstamp, bullish, trendline, breakout, tradingview, business, finance, Setup, Reversal
- Source: TradingView — https://tradingview.com/chart/BTCUSD/cTBpQXzO-BTCUSD-Breakout-Setup-Bullish-Trendline-Reversal
- Published: 2026-10-21T16:47:09+00:00
- Read time: 1 min
- Topics: btcusd, bitstamp, bullish, trendline, breakout, tradingview, business, finance
## Bitcoin price action
Bitcoin is trading around 82,845 on the 4-hour chart after testing support near 80,150.
## Bullish trendline reversal
Price broke a descending trendline since early October, signaling a shift from bearish to bullish momentum.
## Target levels
Price aims for 84,350 (1.8% upside) and 86,560 (4.4% upside) with stop loss below 80,150.
## Key takeaway

Bitcoin price action breaks resistance near 80,150, aiming for 84,350 and 86,560.