$BTC If the price fails to maintain momentum above $83,500, a short-term correction may be on the horizon. Immediate support lies at $81,400, followed by $80,500—both seen as strong buffers in case of a pullback.

A deeper correction could test:

$79,500 (50% Fib retracement from $74,572 low to $83,548 high)

$78,000 zone

Key floor: $75,000

Technical Indicators Show Strength

MACD (Hourly): Gaining momentum in the bullish zone

RSI (Hourly): Holding above the 50 level, suggesting buyers remain in control

Bitcoin’s technical