Bitcoin is back above $81K. Now comes the real test.
BTC has rebounded roughly 6% in 24 hours, recovering from below $77K and pushing into a key resistance zone around $82K to $83K.
Technical momentum has turned more positive, while short liquidations have helped fuel the rally. But the big question is whether Bitcoin can break and hold above $83K.
According to analyst Ted Pillows, a move above that level could provide confirmation that a broader market bottom is in place.
For now, the market is watching one number closely: $83,000. 👀
BTC has rebounded roughly 6% in 24 hours, recovering from below $77K and pushing into a key resistance zone around $82K to $83K.
Technical momentum has turned more positive, while short liquidations have helped fuel the rally. But the big question is whether Bitcoin can break and hold above $83K.
According to analyst Ted Pillows, a move above that level could provide confirmation that a broader market bottom is in place.
For now, the market is watching one number closely: $83,000. 👀
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