Bitcoin Price Seesaws Ahead of Key Resistance Zone

Bitcoin (BTC) price is holding near key short-term support as traders wait for a possible dip before making another move higher. The sharp rebound has pushed the price back toward a major resistance area between $80,000 and $83,000. Trader Zoran Kole expects this zone to hold during the first few tests, potentially setting up a pullback toward $73,000 before Bitcoin makes another attempt to move higher.

The daily BTC/USDT chart shows Bitcoin trading around the 77-60,000 area. Price has reclaimed the previous range high near $73,341, but the rally is now approaching a heavier resistance zone beginning around $79,424 and extending into the 80,000-83,000 region.

Kole expects sellers to defend that upper zone during the first couple of tests. The chart's projected path shows Bitcoin briefly pushing into resistance before reversing toward the $73,000 area. A hold in this region would turn previous resistance into support and could keep the broader recovery intact.