$BTC Fake Breakout — Can Bitcoin Rebound Toward $83,300? Bitcoin has been trading inside a Range over the past 24 hours on the 15-minute timeframe and even created a Fake Breakout above the resistance area. However, on the higher timeframe, Bitcoin is still trading inside the Heavy Resistance Zone($81,950-$82,950). I expect Bitcoin to potentially start another upward move from the confluence of the Fibonacci level, the Support Zone($81,580-$82,000), the Cumulative Long Liquidation Leverage($81,230-$81,620), and the key $81,780 trading level. The first important upside level is $82,340. A confirmed breakout above it could increase the probability of breaking the Resistance Zone($82,430-$82,630) and extending toward the Cumulative Short Liquidation Leverage($83,000-$83,300). Can Bitcoin defend this support structure and reach $83,300? If you found this analysis useful, follow for more. #BTC Price Analysis#