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Bitcoin

Bitcoin Price Analysis: More Danger Ahead as BTC Remains Below Broken Trendline?

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Bitcoin has rebounded toward $83.3K after another test of nearby demand, but the recovery remains below the broken trendline support. Renewed big-whale spot activity adds another factor to watch, as large orders could introduce selling pressure while BTC struggles to reclaim resistance. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, Bitcoin’s rejection from the $86.5K–$90.5K resistance zone has led to a correction into the lower portion of its ascending structure. Buyers have responded around the highlighted $80K–$81.5K demand zone, producing a rebound toward $83.3K.

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