Bitcoin Price Struggles Near Resistance as Double Bottom Pattern Emerges

Bitcoin's price has been stuck in a range between $82,500 and $87,000 for over two weeks. Analyst Ali Charts identified this as a key resistance region after Bitcoin recovered from its mid-2026 lows.

The chart also shows that whale-held Bitcoin declined by about 30,000 BTC, worth roughly $2.52 billion, over the past week.

A long-term chart presented a possible double-bottom structure for Bitcoin's price. If this pattern confirms and continues higher, it could target the previous all-time-high zone near $114,000.