Bitcoin risks falling to $ 81,000

Bitcoin is gradually regaining ground after a recent decline and is preparing for a potential breakout above $ 85,200. According to market analysis, BTC found strong support at $ 82,000 and has been showing signs of growth since then. Currently, the price is trading above $ 84,600 and is holding above the 100-hour simple moving average, which indicates a buyer’s advantage in the short term.

Technical analysis indicates a breakout of the downtrend line with resistance at $ 84,650, which further confirms the change in direction. The nearest resistance level is $ 85,200, followed by a more important zone at $ 85,500. If these levels are overcome, BTC could test $ 86,500, and in a positive scenario, it could reach $ 87,200 or even $ 88,800.

However, downside risks remain. If the breakout above $ 85,200 fails, the coin may decline again. The main support is at $ 84,500 and $ 84,000, with key support at $ 83,200. A further drop could bring the price down to $ 82,500 or even $ 81,800.

The indicators on the hourly chart show mostly positive dynamics: MACD is in the bullish zone, and RSI is above 50. This indicates that buyers are still in control, and the coming hours may be crucial for the future of the BTC rate.