Bitcoin is trading at $84,900, having retreated from a recent high of $87,400. The analysis notes $BTC broke above $72,000 in mid-August, rising from June lows near $58,000. Key support is now seen at $80,000–$81,000, with resistance at $87,000–$88,000. The 200-day moving average is rising at $74,000, and the RSI in the mid-to-upper 60s indicates sustained buying pressure. What this means: This is neutral for Bitcoin as it shows healthy consolidation within an uptrend. Holding above $80,000 support is crucial for maintaining bullish momentum, while a failure to breach $88,000 resistance could signal a pause. (U.Today)

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