Bitcoin has reclaimed several technical levels, and analyst Skyodelic says the moves provide 80% of the data needed to confirm a market low. Skyodelic says Bitcoin needs a close above $82,700 for the low to become undeniable. The analyst predicts a move toward $90,000 if Bitcoin rises above $82,000 this week. Trading below $82,000 could allow a maximum drop to $75,000 before a key breakout, Skyodelic says.
