#BTCRebound
BTC is currently trading around $84,900, maintaining stability after reaching a new high of $86,100. This upward grind indicates persistent bullish momentum, although the price is consolidating beneath a key resistance level.
On the 4-hour chart, the RSI(6) at 63.15 suggests room for further gains, while the StochRSI at 71.88 / 85.05 shows some overbought conditions but sustained buying pressure. Key support is identified at $84,100, with resistance at $86,100.
A decisive break above $86.1K could pave the way towards $87,800 and potentially $89,500. Conversely, a drop below $84,000 might lead to retesting lower support levels at $82,500 or $81,000. The current momentum suggests that a breakout could trigger a significant upward move.