Bitcoin tops $85,000 as traders eye $85,300–85,700 resistance and $80,000–81,000 support
- —BTC topped $85,000 for the first time since January; about $750 million liquidated in 24 hours, mostly shorts
- —Near-term resistance sits at $85,300–85,700; a sustained break could open the $85,500–86,000 band
- —Key support is $80,000–81,000, a zone where supply previously clustered
- —RSI stands at 67, with price above all major moving averages (20 EMA at $78,394, 200 EMA at $73,449)
Why it matters: Holding $80,000–81,000 support and clearing $85,700 would confirm the bullish structure; losing the zone opens the door to $77,000 and below.
Source: Coin Türk