Update on Bitcoin Movement:
$BTC recently attempted to surpass the 83588 area, but was unable to do so and began to decline slightly, indicating that this area poses a significant barrier for it at the moment.
If the price manages to exceed the 84600 area, we may witness a new rise that could reach 86800 and possibly extend to 88000.
However, if it fails to rise again, it is likely to return to test the 79100 area, and if it continues to decline without finding strong support, we might see it drop to around 74600, at which point we could enter a new phase of decline that may reach a new bottom.
The upcoming period is critical, and it is advisable to closely monitor the price movement to accurately determine the upcoming direction.
