πŸ“‰ BTCUSDT – Resistance Test Near $85K Could Decide Next Move

As of the latest 4H chart, Bitcoin (BTCUSDT) is trading near $84,721, continuing its recovery after a strong bounce from the $77,000 area earlier this month. The price is moving within a rising channel but now faces a key resistance zone that previously rejected upward momentum in late March.

πŸ”Ή Resistance Zones to Watch

  • $85,200 – This level represents a recent local high and current resistance being tested.
  • $87,000–$88,000 – A broader resistance band that has triggered sell-offs in past sessions.

πŸ”Ή Support Zones

  • $82,000 – Acts as a local higher low and key short-term support.
  • $78,000 – A critical structural level; a breakdown here could invalidate the current bullish setup.

πŸ”Ή Volume & Momentum

Volume remains moderate but stable, suggesting indecision. A breakout above resistance should ideally be backed by a volume spike. RSI is neutral, offering room for upward continuation, though momentum appears to be slowing slightly. Funding rates remain neutral to slightly negative, reflecting caution in the market.

πŸ” Market Outlook

If BTC can close above $85,200 with strength, a push toward $87K–$88K may follow. On the other hand, failure to break this level could trigger a pullback to the $82K–$80K zone.


πŸ’‘ Key Takeaway:
BTC is consolidating just below resistance. A decisive move above or rejection from $85,000 will likely set the tone for the next leg. Traders should watch for volume confirmation and shifts in funding rate or order book behavior.

πŸ“Œ This is not financial advice. Please conduct your own research before making any investment decisions.