Bitcoin Hits $86K Resistance: Will Sellers Step Aside?

Bitcoin (BTC) is facing resistance at $86K as sellers step back from the market. According to recent data, BTC has been hovering around this price point for several days.

This resistance could be attributed to the fact that Bitcoin has reached an all-time high in 2023, and some investors may be hesitant to push the price any further up.

However, others believe that the current market sentiment is bullish, and a breakout above $86K could lead to significant gains for BTC.