Bitcoin is currently sitting around $83.4K after consolidating below the $87K resistance. We’ve now spent several days chopping between roughly $82K and $85K after the rejection from $87K. The big question is whether this consolidation is accumulation before another attempt higher, or the start of a deeper pullback. $85K is the first level I’m watching on the upside, with $87K still the major breakout level. If $BTC loses the recent $82K area, I’d be watching $79.5K next. This range is getting tight. The next proper move could set the direction for the next leg... #BTC Price Analysis#