Bitcoin in critical zone: Correction or continuation of the rally?
Bitcoin has been on a roller coaster this week, with highs approaching $85,000 before retreating to the $81,000 zone. At this moment, BTC is trying to stay above $84,000, but analysts warn: if the weekly close does not exceed $81,000, we could see a correction towards $76,000.
What factors are at play?
Psychological resistance at $85,000: Bitcoin tested this level, but selling pressure rejected it. Now, buyers must defend the key support to avoid a deeper drop.
Macroeconomic context: Uncertainty in traditional markets and possible changes in monetary policy remain key factors for BTC.$BTC