Bitcoin Price Consolidates Near $84,165 Amid Tug-of-War Between Buyers and Sellers

Bitcoin's price has continued to hover around $84,165 as buyers and sellers engage in a tug-of-war following the rejection at $87,374. Despite short-term hesitation, the cryptocurrency remains 3.64% higher over seven days and 8.85% higher over two weeks, indicating that the broader recovery has not yet run out of steam.

The market capitalization is approximately $1.69 trillion, with daily trading volume of $27.86 billion this weekend. Attention now turns to whether support around $83,000 can withstand another test or whether bulls can reclaim the $85,500 to $86,000 resistance region.