Bitcoin Defends $83.8K, Sets Sights on $87K

Bitcoin is currently trading near $84,192 after defending its price at $83.8K against analyst Lennaert Snyder's long-POI.

Snyder says Bitcoin will likely reclaim $84.8K before reaching the liquidity around $85.2K, and a move through this area could remove late sellers and fill the void near $85.2K.

However, Gert van Lagen identified another important level near $82.8K, which Bitcoin is retesting after breaking below it.

KillaXBT presented a broader Bitcoin price framework extending toward $126K, with a key level at $87K.