$BTC is exhibiting a familiar behavior on the market. The price has dropped to $80,600, then surged up and is currently fluctuating around $84,526. This indicates that Bitcoin is shaking out weak hands, trapping short sellers, and slowly building strength before the next move.

The RSI is at 54, having reset cleanly. The MACD has also turned positive again with a value of 151.67, indicating that momentum is gradually waking up. The long wicks at the lows suggest that buyers are defending every dip.

While many panicked at the price of $80K, Bitcoin saw it as an opportunity to buy and immediately bounced back. The area between $83.5K and $85.2K is viewed as the place where Bitcoin likes to reload before pushing up next. This is nothing to be overly concerned about; it's just Bitcoin preparing to "reset before continuing."

If history repeats itself, this structure often becomes a foundation before another attempt towards the price levels of $86K to $88K. So, stay calm and remember that this is just the process of accumulating energy, not a reason to panic. 🚀

$BTC is trading at 84,961.44, down 3.26%.

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