Bitcoin Trapped Between $75K and $85K as Rally Remains Uncertain
Bitcoin has been consolidating around $80,000 after its recent rally to approximately $82,400 last week. The cryptocurrency broke above the $65,000-$65,050 resistance zone, allowing it to reclaim $70,000 before extending its recovery above $80,000.
The latest pause could develop into a bullish continuation pattern, but buyers still face an important test. Until Bitcoin can establish a sustained break above $85,000, the next major leg higher remains uncertain.
A decisive breakout above $85,000 would strengthen the bullish structure and could shift attention toward $89,000 before opening the door to the psychological $100,000 level.