The current Bitcoin price is $84,041.91, with a 0.28% decrease in the last 24 hours.¹ To predict the next move, let's analyze the current market trends.
*Market Trends*
- *Resistance Levels*: Bitcoin is facing resistance at $85,000, and a breakout above this level could lead to a bullish trend.
- *Support Levels*: The support level is at $83,000, and a breakdown below this level could lead to a bearish trend.
*Bullish Scenario*
- If Bitcoin breaks out above the $85,000 resistance level, it could lead to a bullish trend, with a potential target of $90,000.
*Bearish Scenario*
- If Bitcoin breaks down below the $83,000 support level, it could lead to a bearish trend, with a potential target of $80,000.