Bitcoin Holds Near $83.9K as $85K Sell Wall Blocks Path to $90K
- —BTC trades near $83,904, up 1.06% over 24 hours
- —Sell wall: 688.2 BTC at $83,940 and 551.3 BTC at $84,000
- —Bids: 288.6 BTC at $83,500 and 224.3 BTC at $83,520
- —Daily Bollinger middle band sits at $83,231
Why it matters: A break above $85,000 on strong spot volume would confirm the recovery; a rejection puts the $83,200 support and then $80,300 back in play.
Source: TronWeekly