#BTC Price Update:

Low: $76,606

High: $85,309.71

Current: $84,371

Bitcoin surpassed the $84,000 mark, reaching a high of $85,309.71, before retreating to $84,371. The recent low was $76,606. Currently, BTC appears to stabilize within the $76,000 to $84,000 range.

Short Analysis and Prediction:

Recent market dynamics indicate a consolidation phase for Bitcoin:

Support Levels: Analysts identify strong support between $74,000 and $76,000, suggesting potential stabilization if these levels hold.

Resistance Levels: The $85,000 mark has emerged as a significant resistance point, with BTC struggling to maintain positions above this threshold.

Considering these factors, there's a 60% probability that Bitcoin will continue trading within the $76,000 to $85,000 range in the short term. However, if it breaches the $85,000 resistance, BTC could aim for higher targets. Conversely, falling below the $76,000 support might lead to further declines.

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