$BTC /USDT – Bitcoin Facing Heavy Resistance Below $85K!

Bitcoin is currently trading just below the crucial $84K–$85K resistance zone, where multiple attempts to break higher have failed. The market is showing signs of exhaustion, with bulls struggling to make new highs, hinting at a potential lower high forming on the 4H chart.

Unless BTC can decisively break above $85K with strong volume, the likelihood of a pullback increases. Traders should watch the $80K zone closely — it aligns with the 0.5 Fibonacci retracement and an unfilled imbalance. If that breaks, $78.5K becomes the next major support, backed by 0.618 Fib confluence and strong historical demand.

Current Price: ~$83,500

Key Resistance: $85,000

Key Support: $80,000 → $78,500

Risk-to-reward currently favors a cautious short or sideline approach until confirmation of breakout or rejection. Stay alert for volume spikes!

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