Bitcoin fails to break $84K–$85K resistance after rebound from $81K
- —KuCoin: resistance at $84,000–85,000, support at $80,000–81,000
- —Oct. 8 low near $80,347; Oct. 12 rebound to $83,000
- —Analyst Ashraf: a break below $81,000 would invalidate the upside case
- —S&P 500 closed at 7,805.45; Dow Jones fell 0.35%
Why it matters: Holding $81,000 keeps a rebound alive, but without a break above $85,000 the upside remains unconfirmed.
Source: TokenPost