$BTC
$BTC Considering the short-term technical analysis, it appears that Bitcoin (BTC) is facing a resistance area around the $84,500 level.
If this level is surpassed:
* We may witness a new upward movement targeting levels of $86,100, $87,220, $88,500, and even the area of $89,230.
If unable to surpass this level:
* We may experience downward pressure targeting support levels at $83,000, $81,550, $80,210, and possibly even $79,880.
Overall, short-term technical analysis indicates caution and anticipation for a breakout of one of these levels to determine the upcoming trend. It is advisable to monitor price movement and trading volume at these key levels to make informed trading decisions.