$BTC

Bitcoin is currently trading around $83,788, showing a recovery of approximately 1.03%. The price is approaching a key resistance zone between $84,500 and $85,500, where selling pressure may emerge. This zone previously acted as support and could now serve as resistance.

If BTC faces rejection from this area, the price could move downward toward the key $80,000 support level. However, a strong breakout and sustained price action above $85,500 could invalidate the bearish scenario.

Overall Bias: Bearish below the resistance zone, with $80,000 as the potential downside target. Confirmation through price action is essential before entering a trade.
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