$BTC /USDT Quick Breakdownš
Bitcoin is sitting around $84,000, but itās still stuck in a larger downtrend after hitting a short-term low near $80,600.
Resistance: BTC needs to get through $84,600ā$85,000, which is where the MA7 and MA25 are blocking price.

BTC
84,697.59
+1.50%
Support: First support is around $82,000, with a stronger level back at $80,600.
Trend: This bounce weāre seeing isnāt strong enough to call a reversal yet. BTC would need to break and hold above $85,000 to show real strength.
Overall, Bitcoin is just experiencing a small rebound inside a bearish trend. Until it closes convincingly above $85,000, thereās still a good chance it could drop back toward the $82,000ā$80,600 zone.
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