Bitcoin Stalls at $85K Resistance Zone Ahead of $100K Target

Bitcoin's technical structure remains constructive near $80,000, but its inability to clear the $85,000 resistance zone leaves the rally vulnerable to another pullback.

The cryptocurrency rallied to approximately $82,400 last week after breaking above the $65,000-$65,050 resistance zone and reclaiming $70,000.

Traders are watching for a decisive breakout above $85,000, which could strengthen the bullish structure and shift attention toward $89,000 before potentially reaching the psychological $100,000 level.

A break below $75,000 would weaken the recovery and increase the risk of a deeper correction.