#Marketpullback

Bitcoin Price Analysis: Potential Reversal on the Horizon

Bitcoin's price has hit a 24-hour low of $84,800 but is currently attempting to recover, trading at $85,323.24. The Stochastic RSI has entered the oversold zone, indicating a potential reversal as buying pressure increases.

Key Levels to Watch:

- Immediate resistance: $86,149

- Potential retest level: $87,728

Trading Strategy:

Traders should closely monitor volume and price action. A successful pullback could mark the beginning of a new bullish phase.