Bitcoin Holds Near $83,770 as $84K Resistance Caps Recovery
- —Bitcoin trades near $83,770, up 0.9% in 24 hours, market cap $1.683 trillion
- —Resistance at $83,900–84,200 caps the rebound from the $80,308 low
- —RSI sits at 52 while MACD and momentum remain in negative territory
- —Losing $82,500 would expose $81,500 and the recent $80,308 low
Why it matters: A break above $84,200 could open the door to $84,800 and $85,500, while a drop below $82,500 risks a retest of $80,308.
Source: Bitcoin.com