See my returns and portfolio breakdown. Follow for investment tipsKey Reversal Zone? 🚨

Bitcoin is currently testing a critical support zone at $83,500 - $83,700, showing signs of a potential bounce. The current price stands at $83,665.41 (+1.45%), with BTC attempting to reclaim lost ground.

🔹 Key Levels to Watch:

Support: $83,500 (Key Demand Zone)

Resistance: $84,250 / $85,000

📈 Possible Scenarios:

1️⃣ Bullish Case: A successful bounce from the $83,500 - $83,700 range could trigger a move towards $84,250, followed by $85,000 if momentum holds.

2️⃣ Bearish Case: If BTC fails to hold above $83,500, the next major support lies at $82,320, increasing the risk of further downside.

🔥 Pro Tip:

Monitor buying volume for confirmation of a reversal. A strong reclaim above $84,250 with high volume could signal a continuation toward $85,000.