Bitcoin Struggles Below 85K: Key Levels to Monitor
Bitcoin’s price action continues to be underwhelming as it fails to breach the resistance level of $85,000. Since March 12, Bitcoin has consistently registered daily candle highs ranging from $84,000 to $85,200 but remains hindered by the $84,600 mark. The inability to maintain upward momentum raises concerns about the cryptocurrency’s short-term prospects. As traders monitor these critical price levels, the focus remains on whether Bitcoin can consolidate above key support zones or if the downward trend will continue.