BTC has been consolidating between roughly $83K and $85K after moving higher from the $79.5K area. Now, all eyes are on the $85K resistance.
A clean breakout and hold above $85K could open the door toward the next major resistance around $87K. However, if BTC faces another rejection at $85K, holding the $83K support level will be important for maintaining the current structure.
For now, the structure remains intact. The next key move depends on whether Bitcoin can finally break and sustain above the range.