Bitcoin Price Hits $81.7K Wall as Support Levels Come Under Scrutiny
Bitcoin's recent rally has stalled below $80,000, with analysts pointing to strong resistance at $81.7K.
A key area of support remains between $62K and $70K, where on-chain data shows heavy accumulation of BTC by long-term holders.
To break out above the current range, Bitcoin needs to reclaim $83K daily, otherwise downside risk may extend toward $62K.