Bitcoin is currently priced at $84,508, up 4.63% in the last 24 hours. The market cap stands at $1.68T, with a daily trading volume of $45.80B. Despite this recovery, the market sentiment remains bearish, and the Fear & Greed Index is at 27 (Fear).
🔹 Key Resistance – $85,127: BTC needs to break above this level for further upside toward $87K - $90K. A strong move above could shift momentum bullish.
🔹 Key Support – $82,500 - $80,000: If BTC fails to hold above this zone, we might see a drop toward $76,794, which is the recent cycle low.
Currently, BTC is in a critical range. A breakout could signal a new rally, while failure to hold support may trigger further downside. Traders should watch price action closely before making moves.
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