Analyst: Bitcoin breakout above $85K–$86K could open path to $100K
- —Sell pressure is concentrated at $85K–$86K, with support near $81K
- —Coutts argues the market bottom is already in place
- —Altcoins could rally about 1.5x more than bitcoin after a breakout
- —Risk: volatility typically expands in the fourth year of the global liquidity cycle
Why it matters: A key level for traders: holding above $86K would confirm a reversal, while losing $81K revives the risk of a drop toward $70K.
Source: Blockmedia