Bitcoin Stuck Between $79K and $83K Resistance
Bitcoin's price is hovering around $79,700, up 0.25% from last weekend. The current chart resistance level is at $81,259, and a clean move above this could expose the area between $82,000 and $83,000.
The setup also allows for a brief liquidity sweep above recent highs before another pullback develops. However, buyers would need to keep BTC above the range after clearing resistance for a larger breakout confirmation.
Failure to hold above $81,000 would keep the market inside its current structure, with the lower-range boundary near $76,206 becoming the next technical level to watch.